In Between Tweeting About Cats, MtGox Former Owner Stews – ValueWalk Premium
08Jul2014

In Between Tweeting About Cats, MtGox Former Owner Stews

Mark Karpeles, founder of the now bankrupt Bitcoin exchange MtGox, is spending his days fending off creditors and posting cat pictures on his Twitter feed as he wallows in the mired wake of his business failure.


MtGox Former Owner's bankruptcy
After “losing” $341 million in a digital currency that is known to have a tracking capability, Karpeles declared bankruptcy.  The value of his company is estimated at $750,000 but the current bid at

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Author

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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