Tech content trusted by users in North America and around the world
6,578 Reviews & Articles | 44,604 News Posts
TRENDING NOW: Microsoft reportedly interested in acquiring AMD

Mt. Gox founder not interested in visiting the US to answer subpoena

The founder of Mt. Gox has been subpoenaed to appear in a Washington D.C. court to discuss Mt. Gox's closure and subsequent bankruptcy

| Hacking & Security News | Posted: Apr 16, 2014 5:16 am

Mt. Gox founder Mark Karpeles will not return to the United States to explain the company's demise, leading to bankruptcy, as he waits to investigate a subpoena issued by the U.S. Department of Treasury's Financial Crimes Enforcement Network division.

 

mt_gox_founder_not_interested_in_visiting_the_us_to_answer_subpoena_01

 

Karpeles has been ordered to speak during a testimony scheduled for Friday in Washington, D.C. A Japanese court was scheduled to discuss the issue, in case the U.S. asks for him to be turned over.

 

"Mr. Karpeles is now in the process of obtaining counsel to represent him with respect to the FinCEN subpoena," according to a legal filing. "Until such time as counsel is retained and has an opportunity to 'get up to speed' and advise Mr. Karpeles, he is not willing to travel to the U.S."

 

Needless to say, it's likely Karpeles will take his time selecting an attorney and adhering to the judge's order anytime soon.

NEWS SOURCES:Reuters.com

Related Tags

Further Reading: Read and find more Hacking & Security news at our Hacking & Security news index page.

Do you get our news RSS feed? Get It!

Got an opinion on this news? Post a comment below!

Latest News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
Subscribe to our Newsletter
Or Scroll Down