Mark Karpeles faced fresh embezzlement charges Wednesday as Japanese media claimed some of Mt Gox’s stolen funds were spent on prostitutes. But, who cares? Is there anything all that unique about a successful man spending some of that hard-earned money (or in this case hard-stolen) on a good bang? Research shows the answer is ‘not really.’ First, the charges. Tokyo police arrested France-born Mark Karpeles for moving 20 million yen ($ 166,000) in client money to his own bank account amid fraud allegations regarding the loss of hundreds of millions of dollars worth of Bitcoin. According to Yomiuri, a Japanese newspaper, […]
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