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Chief of bitcoin exchange denies embezzlement as trial opens

Megha Jain
Content Head

The 32-year-old chief executive of defunct Mt. Gox pleaded not guilty to charges relating to the loss of hundreds of millions of dollars worth of bitcoins and cash from what was once the world's biggest bitcoin exchange. French national Mark Karpeles filed the plea in response to charges of embezzlement and data manipulation at the Tokyo District Court.


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