Mt.Gox Bitcoin Exchange CEO Arrested by Japanese Police

Remember Mt.Gox? Once the world’s largest Bitcoin exchange…



...then in early 2014, Tokyo-based Mt.Gox Bitcoin exchange filed for bankruptcy saying it lost some 8,50,000 Bitcoins (worth $64 Million) to hackers and suddenly went dark with no explanation.



Last Friday, Mark Karpeles, the former CEO of the collapsed Mt.Gox, was arrested by Tokyo Metropolitan Police in connection with the

$1.75 Million in Bitcoin Stolen from Chinese BTER Bitcoin Exchange

The most popular Chinese Bitcoin exchange BTER announced that it has been hacked on Valentine’s Day and lost more than £1.1 Million-worth ($1.75 Million; one BTC is about $270) of the digital currency.



The Bitcoin Exchange hasn't revealed more details about suspects behind the breach or how the cold wallets were compromised, except that 7,170 Bitcoin cryptocurrency was stolen from the