Mt Gox founder and former CEO Mark Karpeles, is on-trial in Japan regarding bitcoin embezzlement. Karpeles has pleaded not-guilty to taking some ¥341 million in customers’ funds and has been quoted as saying, “I swear to God I am not guilty.”
Even though most defendants in Japanese courts go to prison, it seems like Karpeles may be telling the truth. A man who may be the real money launderer has been arrested in Greece. He is a Russian national, Alexander Vinnik.
Vinnik supposedly ran a $4 billion money laundering operation, and certain documents suggest Vinnik was in possession of bitcoins from Mt Gox. Karpeles himself thinks Vinnik is behind the missing bitcoins.
The trial continues.