Former Head of Mt. Gox Bitcoin Exchange Found Guilty of Data Manipulation

Mark Karpeles, the former head of Mt. Gox — a bitcoin exchange that went bankrupt in 2014 — was found guilty of data manipulation by the Tokyo District Court and handed a prison sentence of 2½ years that will be suspended for four years. He was found not guilty on a separate charge of embezzling millions of dollars through customer accounts.

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