Brock Pierce

Auto Added by WPeMatico

Japanese Court Upheld Former Mt Gox CEO’s Conviction for Manipulating Data

by

A Japanese high court upheld the Tokyo-based lower court’s decision to reject the former Mt Gox CEO’s appeal. Mark Karpeles was arrested in 2015 and accused of “manipulating electronic data” and managed to duck embezzlement charges. The former boss of Mt Gox, Mark Karpeles, now has to face the music for his prior “manipulating electronic … Read more

Gox Rising Offers $800 per Bitcoin Claim to Buy out Mt Gox Creditors

by

Gox Rising has offered to buy out creditor claims from the collapsed cryptocurrency exchange Mt. Gox. The Brock Pierce-led outfit will pay $800 per bitcoin claim, either in BTC or cash, to creditors who are unwilling to wait for the finalization of the ongoing civil litigation. “Our payment would be put in escrow and made … Read more

BTC Miami Blockchain Conference Kicks Off Its Seventh Year

by

On January 16, The North American Bitcoin Conference (TNABC) opened its doors at the James L. Knight Center in Miami for its seventh year. The conference was filled with hundreds of crypto enthusiasts, exhibits, and well known speakers from the blockchain industry. Also Read: Grassroots Bitcoin Cash House Movement Expands to Ghana BTC Miami Conference … Read more

Mt. Gox CEO Claims the Coinlab and Brock Pierce Deals Never Materialized

by

On Feb. 19, the former CEO of Mt. Gox, Mark Karpeles, gave an interview on the Youtube show “What Bitcoin Did”. In episode 76, Karpeles discussed the platform’s insolvency, Coinlab’s monstrous claim for $16 billion, and Brock Pierce’s attempt to revive the defunct exchange. Also read: Mt Gox Restitution Process Frozen Due to One Man’s … Read more

Mt. Gox Creditors Neither Need nor Deserve This Kind of ‘Hero’

by

Brock Pierce has launched his own bid for the civil rehabilitation of Mt. Gox, promising to pay out all current funds to creditors while also talking about issuing debt tokens or giving away equity in a resurrected Mt. Gox exchange. As noble as this may sound on the surface, there are strong reasons to question … Read more

Crypto Investor Brock Pierce Is Attempting to Pull Mt. Gox From the Ashes

by

Prominent cryptocurrency entrepreneur Brock Pierce is attempting to revive the defunct Mt. Gox exchange by submitting a single rehabilitation plan for creditors called Gox Rising. Back in 2014, the former CEO of Mt. Gox, Mark Karpeles, reportedly signed over all of the business’s assets to Pierce and a firm called Sunlot Holdings Limited. Also read: Indian Supreme … Read more

Bitfinex Partnered With at Least 6 Different Banks During 2018

by

22 months since Wells Fargo suspended the processing of withdrawals sent by four Taiwanese banks that service Bitfinex, the platform remains among the top 20 exchanges by adjusted volume. While Bitfinex hosted more than $5 billion in trade this past month, the exchange has struggled to establish reliable banking partners, with traders seeking to deposit … Read more