Mark Karpeles will appear before the Japanese court in the case of the loss of funds from the stock exchange Mt Gox.

Tomorrow, Mark Karpeles will appear before the Japanese court in the case of the loss of funds from the stock exchange Mt Gox.
On July 11, the scandalous CEO of Mt Gox, Mark Karpeles, will stand trial. Karpels will have to answer for the missing bitcoins lost by the stock exchange in 2014.

With the Mt Gox trading platform, 850,000 BTC were stolen, and later Carpels allegedly found 200,000 BTCs in cold storage. The rest of the $ 1.6 billion dollars went missing.
In October 2015, Marc Karpeles was arrested on charges of misappropriating money users of the exchange. According to regional reports of that time, the Tokyo police initially arrested Karpeles for exchanging $ 1 million for yen with a personal bank account. In addition, many famous Japanese publicists, described in detail that Karpeles led a luxurious lifestyle, not particularly, in general, embarrassed.
A year later, in July 2016, Karpeles was released on bail in the amount of $ 95,000. Under the terms of the release, Karpeles was obliged to remain in Japan.
On Tuesday July 11, Karpels will have to answer the charge of the Japanese prosecutor that he appropriated the missing bitcoins. According to his lawyer, Karpeles is not going to plead guilty to the accusations brought against him.
This person was very much discussed at the Mt Gox forum and on Twitter from the moment he was released on bail. During the pre-trial procedures, prosecutors investigated the origin of his assets and the way of life of Karpeles before and after the bankruptcy of Mt Gox. If any discrepancies during this parocess will be discovered, considering how severe the Japanese court is, the chance of conviction is 99%.
In addition, the trial takes place at a time when the Chainalysis unit has presented a group of US senators with a report indicating that they know the whereabouts of the missing 650,000 military-technical cooperation.
"Chainalysis was the official partner in the investigation of the bankruptcy of MT Gox.
"The purpose of these coins is certainly known," said co-founder Chainalysis Jonathan Levin last June.