🏦 Prosecutors drop appeal against Karpeles' embezzlement acquittal
Japanese prosecutors have reportedly dropped their appeal to the acquittal of former MtGox CEO Mark Karpeles. Karpeles was reportedly accused of taking 341 million yen ($3 million) of customers’ money in Mt. Gox accounts and spending it on a software developer and personal extravagances. Over 24,000 creditors are thought to have been affected by the collapse of the exchange.
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