Watch MtGox CEO Mark Karpeles Tell Japan That All Of The Bitcoin Are Gone
Feb 28, 2014, 19:11 IST
The Asahi News Network has posted video of MtGox CEO Mark Karpeles' Tokyo press conference admitting all 850,000 Bitcoin - nearly half a billion dollars - held by the exchange are gone, and that the firm is filing for bankruptcy.
Advertisement
"We have lost Bitcoins due to weaknesses in the system," the France-born Karpeles said in Japanese according to the AFP. "We are really sorry for causing trouble to all the people concerned," he said, before bowing deeply.
Check it out:
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More