Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link.
Mt. Gox’s Karpeles: “Press Rumors About My Blockchain Plans Are False”Mark Karpeles, the former CEO of long-defunct Japanese cryptocurrency exchange Mt. Gox, denied press claims this week that he is returning to blockchain. Karpeles said that his activities with Tristan Technologies will not involve the cryptocurrency sector, as previously reported, and that the firm is not a startup and not related to blockchain. In comments to Cointelegraph, Karpeles said that he wasn’t “sure how this got reported wrong” and that his main goal is to “try to bring back Japan near the top of the IT industry.” A judge acquitted Karpeles of embezzlement in March and is currently appealing a lesser conviction of data manipulation, all in relation to the hack of Mt. Gox.
SEC Sues Kik for Conducting Allegedly Unregistered $100 Million ICO in 2017Tron’s Justin Sun Wins eBay (NASDAQ:EBAY) Charity Auction in $4.57M Bid to Lunch With Warren BuffettLocalBitcoins Confirms Removal of Local Cash TradesReport: Facebook (NASDAQ:FB) to Announce Cryptocurrency Project This Month