With regard to Mark Karpeles, the former head of the Mt.Gox, an investigation is under way in the case of embezzlement, manipulation of data and violation of its obligations in Japan. However, this did not prevent him from taking the post of CTO of the American VPN provider London Trust Media.
Many consider Carpeles responsible for the loss of 850,000 bitcoins in February 2014. About 200,000 BTC left on the company's accoun; this did not save the former leader from criminal prosecution.
I have no way to be sure that I’ll still be able to work in one year, two years. So I cannot really get a normal full-time job.
Founder, Mt Gox
Earlier, Karpeles stated that he was considering a number of vacancies in the IT sphere that had nothing to do with cryptocurrencies. In London Trust Media, he will be responsible for working with cryptocurrency projects and other products.
Mark fought and fell. And although he fell, his skills, experience and know-how unarguably continue to exist. And so, bringing in a seasoned warrior makes perfect sense to me. I am more than willing to give a second chance to Mark in this fight’s critical hour.
Cofounder, chairman and chief of lab division at London Trust Media
Carpeles will work remotely from Japan, since he can not leave the country while an investigation is under way.
Despite the fact that his new work will be connected with cryptocurrencies, recently the former head of Mt.Gox stated that he no longer believes in bitcoin, because he does not see in it the ability to evolve and compete.