Mt Gox has gone down in the pages of bitcoin history as a great disaster, equivalent to the fall of the city of Pompeii in Roman history. The CEO of now defunct Mt Gox, Mark Karpeles is under investigation by the Japanese police since he was first arrested earlier this month.
Mark Karpeles may be rearrested by the cops in Japan as the investigation continues to unearth new facts, the recent being a four poster bed he had purchased for a sum of $48,000. He has so far been accused of manipulating the exchange computers to inflate Mt Gox’ bitcoin holding by $1 million and embezzlement of funds belonging to Mt Gox customers.
According to sources, a fresh warrant will be issued against Mark Karpeles, who is currently in police custody awaiting formal charges. The new warrant, to be issued tomorrow on fresh embezzlement charges. The new warrant in question is expected to be in connection with his purchase of an expensive bed costing close to $50000. Armed with the new warrant, cops can now prolong his detention for another 3 weeks and interrogate him about his role in the downfall of Mt Gox.
The sources have