Karpeles Coin: Mt. Gox Founder’s ICO Plans Cause Community Outrage

[Cordillerabit]

From 2011 to 2013, the now-defunct cryptocurrency exchange Mt. Gox, had lost 850,000 Bitcoins it had stored on behalf of its clients and traders. At today’s Bitcoin price, the stolen Bitcoins amount to a staggering $8.25 bln.

In a blog post, Karpeles completely dismissed the creditors by expressing his intentions to pay out the minimum amount possible and keeping the majority of the 202,000 Bitcoins.

https://cointelegraph.com/news/karpeles-coin-mt-gox-founders-ico-plans-cause-community-outrage