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Judge Orders Mark Karpeles to Face Fraud Suit From 2014

Published 06/17/2020, 11:59 PM
Updated 06/18/2020, 01:40 AM
Judge Orders Mark Karpeles to Face Fraud Suit From 2014

A judge has ruled the former chief executive of defunct cryptocurrency exchange Mt. Gox, Mark Karpeles, must face a lawsuit alleging fraud filed back in 2014.

On June 16, U.S. District Judge Gary Feinerman rejected Karpeles’ motion for summary judgment, rejecting the former Mt Gox head’s assertion that the case’s sole remaining plaintiff Gregory Greene had altered his argument against Karpeles in opposing the motion and brought a “host” of new allegations.

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