The former head of defunct bitcoin exchange Mt Gox, Mark Karpelès, has been charged with embezzlement by Japanese prosecutors, according to reports from the Japanese media. Karpelès is alleged to have embezzled ¥321m (£1.7m) from the bitcoin exchange, which collapsed in 2014 after revelations of a massive shortfall in customer funds. He is alleged to […]

One of the biggest Bitcoin exchanges suspended services on Tuesday, prompting unease in a virtual currency industry already scarred by the collapse last year of Mt. Gox, once its most prominent exchange. On Tuesday morning, Bitstamp, based in London, posted a message on its website saying it had “temporarily suspended Bitstamp services” and urged its […]