“The U.S. Department of Homeland Security seized Mt. Gox assets of around $5 million kept in U.S. bank accounts around May 2013, saying it was ineligible to operate fund transfer services in the United States. The decision prompted clients in the United States to rush to withdraw money entrusted to Mt. Gox. By August that year, the company appears to have incurred several billion yen in losses, leading liabilities to surpass its assets and capital on its balance sheet. The police are also investigating whether Karpeles consolidated customer and corporate funds in a bank account held by the company and embezzled around ¥1.1 billion.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
(Visited 18 times, 1 visits today)
Related posts:
Rasmussen Poll: 37% of Voters Fear the Federal Government
IBM Cutting Jobs In U.S. And Globally
China National Nuclear to Raise $2.6 Billion in IPO
Scotland Yard stole dead children’s identities
Mubarak-era doctors ordered to operate on protesters ‘without anesthetic’
Video Shows Pembroke Pines Cop Punching Mentally Ill Girl
PA police fear loss of federal funding for DUI checkpoints
National park police gun down stopped, unarmed motorist in his car
Inside the Bitcoin advocates’ closed-door meeting with federal regulators
Armed EPA raid in Alaska sheds light on 70 fed agencies with armed divisions
Ron Paul on Cavuto 6/19/2013
Official refuses to resign after saying Japan should follow Nazis’ constitution overhaul
We’re in a worse position than in 2008: Marc Faber
Tech Renegade: From Print-at-Home Guns to Untraceable Currency
The Top 10 Companies With The Best Business Outlook According To Employees