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Business

Mt Gox CEO won’t appear in US

Published: 20 Apr 2014 - 01:12 am | Last Updated: 24 Jan 2022 - 02:22 pm

New York: Mark Karpeles, the chief executive of Mt Gox, said he would not come to the United States to answer questions about the Japanese bitcoin exchange’s US bankruptcy 
case, Mt Gox lawyers told a federal judge.
In the court filing, lawyers cited a subpoena from the US Department of Treasury’s Financial Crimes Enforcement Network, which has closely monitored virtual currencies like bitcoin. “Karpeles is now in the process of obtaining counsel to represent him with respect to the FinCEN Subpoena. Until such time as counsel is retained and has an opportunity to ‘get up to speed’ and advise Karpeles, he is not willing to travel to the US”, the filing said. Reuters