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Roger Ver: Mark Karpeles was responsible for Mt. Gox



The former CEO of the first large bitcoin exchange , which was hacked for $ 350 million worth of bitcoin in 2014, today was guilty of tampering with financial records. Mark Karpeles was given a sentence of two and a half years at the Tokyo District Court for his role in the Mt. Gox fiasco

Long time Bitcoin supporter and Bitcoin Cash figurehead, Roger Ver is now stranger to Mt. Gox. When the exchange first encountered security issues in 201

1, it helped stay online and responded to customer queries, fielding calls from thousands or users of their savings. In July, 2013 — shortly before the break, the exchange was revealed — uploaded on video or blaming the problems customers were experiencing in withdrawing money on the traditional banking system, rather than the illiquidity of the Mt. Gox. He later said he did this as a favor to Mt. Gox, which had a lot of bad press at the time, and has since apologized for misleading the public.

In an interview with Decrypt, Ver-who held a "life-changing amount of bitcoins" on the exchange when it was hacked — argued that Karpeles failed to keep the exchange secure.

"Mark is responsible for not doing a good enough job protecting the funds from the hackers, "said Ver, adding that, despite Karpeles' liability, it was the hackers who were actually responsible for stealing the funds.

Karpeles was given a suspended sentence which means he won't go to prison. unless he commits another violation within the four years specified. Ver — who once spent months in prison for illegally selling fireworks — said that jail is suited for “those who are physically dangerous to others,” which presumably doesn't include Karpeles.

Leading up to the conviction, Karpeles was held in a Japanese prison for 12 months where he says he was interrogated for 50 days in a row, with sessions loading up to eight hours at a time. Far was adamant this should not have happened, stating, "I think people should be punished AFTER they are convicted, not before" (emphasis his).

Far is also a strong supporter of Ross Ulbricht who was jailed in May, 2015 , and given five sentence with a total of 40 years, two of them for life. Far has campaigned for Ulbricht to be a friday from prison. However, he did not think that – even if Karpeles had gone to prison – the same support should apply to him. In Ulbricht's case, said he was not aware of even a single victim, whereas with Mt. Gox, "There were a huge number of victims across the world." Perhaps, with Mt. Gox now wrapped up, Ver and its other victims may finally get their coins back.


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