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Court freezes the assets of Mt. Gox CEO

Victoria Hewitt-Marsh, News Editor
13 Mar 2014, 10:30 a.m.

All U.S. based assets held by former Mt. Gox CEO Mark Karpeles have been frozen by a Chicago court. In addition, Judge Gary Feinerman took the decision to freeze all assets relating to the Mt. Gox exchange.

The freeze comes after lawyers representing former customers alleged that Karpless had been transferring assets from Mt. Gox abroad.

Lawyers are attempting to retrieve customer’s assets and importantly discover why the exchange was brought to its knees earlier this year.

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