Mt. Gox CEO Karpeles out on bail in Japan
Mark Karpeles, the former CEO of the collapsed Mt. Gox Bitcoin exchange, was released on bail on Thursday, just under a year since he was arrested by Japanese police.Japanese broadcaster Nippon TV showed video of Karpeles, 31, walking out of the Tokyo Detention House and getting into a waiting taxi. The broadcaster said he was freed on bail of ¥10 million ($95,000) and is prohibited from leaving Japan under the bail terms.In the pictures, Karpeles looked noticeably thinner than on Aug. 1 last year when he was arrested at his Tokyo apartment.His arrest came more than a year after Mt Gox collapsed in early 2014. At the time it was riding high on a Bitcoin bubble that had made it the world's largest Bitcoin exchange. Its failure hit many who had bought Bitcoin during a surge of interest in the cyber money system at the end of 2013.To read this article in full or to leave a comment, please click here
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