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Mt Gox CEO May Face A 10-Year Jail Sentence

Mt Gox CEO May Face A 10-Year Jail Sentence

Mt. Gox, was the end and beginning of an era in the Crypto world. Faith for it’s CEO Mark Karpeles is finally coming to a verdict. According to reports, prosecutors against Mark Karpeles are pushing for a ten-year jail term, in the Tokyo District Court. Allegations towards Karpeles include diverting funds to other ventures and...

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Chainalysis Proves Bitcoin Whales Not Fully Responsible for Volatility

Chainalysis Proves Bitcoin Whales Not Fully Responsible for Volatility

Blockchain research firm, Chainalysis proved that Bitcoin whales are not responsible for the price volatility. Bitcoin whales are referred to as big money Bitcoin (BTC) players who have the power to control the Bitcoin market. Examination of the 32 largest BTC wallets were studied. Together the 32 wallets hold 1 million BTC. The study revealed-...