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Mt. Gox bitcoin exchange ex-CEO given suspended jail term

Mark Karpeles found guilty of manipulating data but acquitted of embezzlement

Mark Karpeles Mt. Gox
Mark Karpeles, the former CEO of Tokyo-based bitcoin exchange Mt. Gox, bows to reporters in a press room at a Tokyo court in 2014. (Photo by Ken Kobayashi)
Nikkei staff writers | Japan

TOKYO -- The Tokyo District Court on Friday sentenced Mark Karpeles, the French-born CEO of Mt. Gox, to two and a half years in prison, suspended for four years.

The company was previously one of the world's biggest virtual currency exchange operators.

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