Mark Karpeles from MtGox Saying He’s Still in Japan

As MtGox’s website was taken down the other night, speculations has been flying around the Bitcoin community towards why it was taken down, if anyone would ever see their Bitcoins or cash again as well as if the CEO Mark Karpeles was still in Japan and working on a solution.


While MtGox in general has been terrible at communicating with the public about their issues, they have issued a few statements on their website after having taken it down. The first message reads as follows:


“Dear MtGox Customers,

In light of recent news reports and the potential repercussions on MtGox’s operations and the market, a decision was taken to close all transactions for the time being in order to protect the site and our users. We will be closely monitoring the situation and will react accordingly.”

When this message hit the website, the community began speculating into if MtGox had their Bitcoins stolen from a hacking attack or if they simply mismanaged the funds. Most people believe that MtGox will file for bankruptcy very soon and leave their customers with massive losses of Bitcoins and real money. Another statement was released earlier today to ensure the public that Karpeles is still working on a solution and that MtGox is still running:


“Dear MtGox Customers,

As there is a lot of speculation regarding MtGox and its future, I would like to use this opportunity to reassure everyone that I am still in Japan, and working very hard with the support of different parties to find a solution to our recent issues.

Furthermore I would like to kindly ask that people refrain from asking questions to our staff: they have been instructed not to give any response or information. Please visit this page for further announcements and updates.

Mark Karpeles”

Despite saying that they are still working on a solution, it doesn’t seem too serious when they refuse to communicate with the public in any other way than through messages on their website. We will update when something new comes along on their site. 

Daniel Allermand

Daniel Allermand is a freelance writer, with more than 4 years of experience in the industry as an operator, affiliate and poker player. Daniel has decided it was time to try and bring more coverage about the industry to the general public by writing articles about everything from poker to casino.  

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