in

Coincidence? Bitcoin (BTC) Prices Up After Mark’s Judgment



  • Bitcoin prices up 1.4 percent in last week
  • Mt Gox founder serving 2.5 years suspended sentence
  • Participation picks up, BTC could print higher in days ahead.

Mark is a free man, and despite heavy losses ordinary investors had to shoulder, a Japanese court remained lenient. All the same, it appears as if Bitcoin prices are on a recovery path and it is what investors want to see.

Bitcoin Price Analysis

Fundamentals

After four years of investigation, it was time for Mark Karpeles to face the law. Appearing before a Japanese court, Mark  met a lesser charge of data manipulation and not that of embezzling millions of dollars through his exchange, Mt Gox.

According to Mark lawyers, it was not the action of his acts that contributed to the final collapse. They argue that Mark did everything he could to prevent the exchange from folding up and sometimes using his funds to prop the exchange. Besides, even after the hack, the Frenchman stayed in Japan.

To that end, he will receive a two…





Read Full Story : NewsBTC

2019-03-15 17:09:43

What do you think?

0 points
Upvote Downvote

Written by Newsbtc

Ripple CTO Reveals the Genesis of XRP, Bitcoin’s Secret Sauce and the Potential of Blockchain and Cryptocurrency

I Got the Mark of the Beast – And It Will Hold My Bitcoin