US court has no jurisdiction over Mt. Gox CEO, lawyer says

By Himanshu Arora ยท 8 replies
Apr 9, 2014
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  1. Mark Karpeles, principal and CEO of the bankrupt Bitcoin exchange Mt. Gox, is beyond the reach of US courts, his lawyer told a Chicago court where Karpeles and his company are being sued by American depositors, according to a Bloomberg...

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  2. RzmmDX

    RzmmDX TS Guru Posts: 313   +67

    Congrats Bitcoin, you are now a legitimate currency.
  3. Skidmarksdeluxe

    Skidmarksdeluxe TS Evangelist Posts: 8,647   +3,274

    Well if the courts can't touch him why not abduct him, use 'alternative interrogation methods' to get him to spill the beans then make sure his body is never found. I'm sure there are a good few disgruntled ex-Bitcoin owners willing to resort to that draconian method. If it works for the drug cartels why not ripped off Bitcoin owners as well.
    GhostRyder likes this.
  4. GhostRyder

    GhostRyder This guy again... Posts: 2,198   +593

    Indeed, the whole thing sounds like to much of a convenience with how this all happened. I mean in all honesty if the rumors turned to be truth, then it would be a very stupid way to try and steal the coins since they can find the code these coins hold and track them eventually. The other thing is that if they really were stolen, then this company deserves all the problems its facing for not protecting its systems properly. I mean in all honesty, you should not be able to lose 700k bitcoins that fast without someone noticing if your as big of a company as you say. The fact that they even later found 200k of the coins in an old wallet makes them look more fraudulent and foolish than ever.

    I feel more is going to come of this later, but this guy is trying to avoid the law as it seems and its pretty clear he knows more than hes letting on.
    spectrenad and Skidmarksdeluxe like this.
  5. Skidmarksdeluxe

    Skidmarksdeluxe TS Evangelist Posts: 8,647   +3,274

    One would have to be very obtuse not to realise that he is pulling a scam, a blatant one at that.
    GhostRyder likes this.
  6. GhostRyder

    GhostRyder This guy again... Posts: 2,198   +593

    Or maybe they're being acute
  7. misor

    misor TS Evangelist Posts: 1,285   +243

    The u.s. has no jurisdiction? is the lawyer kidding me? never heard of national security or national e-security? :)
    anything that has the potential to threaten the u.s. be it economic sabotage, military threat, espionage, etc., the u.s. can react.

    hell, even a u.s. court 'ordered' that 1000$ be given to each of the nearly 10000 Filipino human rights victims during the martial law era of the Philippines.
  8. tonylukac

    tonylukac TS Evangelist Posts: 1,374   +69

    Why do the courts have jurisdiction on his bankruptcy filing then?
  9. Filed for bankruptcy protection in Japan not the USA

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