So I am gonna try and build one using Rails.
Founder of once largest cryptocoin exchange denied the accusations of embezzlement of 850 000 BTC. This is reported by the JapanTimes.
Trial had began at Tuesday at Tokyo District Court. Mark Karpeles, the 32-year-old French-born CEO of the now-bankrupt exchange, assures that the loses was coused by the hackers attack.
He pleaded not guilty to both data manipulation and the embezzlement of a total of ¥341 million of customers’ money between September and December of 2013.
Karpeles swore in Japanese that he is not guilty. Additionally, he offered his "sincere apology for causing inconvenience to many clients with the bankruptcy of Mt. Gox". He also added that data manipulation was part of his company’s regular business operations.
The main reason for the Bitcoins’ disappearance was an external hacking attack.
Prosecutors argued in their opening statement that Mark managed the company assets and money entrusted by the company’s clients in the same bank account, and had failed to respond to requests by company associates to separate them.
According to the prosecutors, 315 000 000 Yens were spent on 3-D printer business purchase and 6 000 000 Yens were spend on the purchase of a canopy bed for his personal use.