Results for Japan
- Some Mt. Gox Customers Want CEO Out During Bankruptcy
Mt. Gox customers with frozen bitcoin accounts are targeting Chief Executive Mark Karpeles, arguing in court papers he is unfit to lead the Japanese bitcoin exchange through its U.S. bankruptcy case, The Wall Street Journal reported. In papers filed ...
Daily Headline - global.abi.org - 04/21/2014 - 00:04 - 0 comments
- Mt. Gox Suitors Seek Support To Save Bitcoin Exchange
A group of investors seeking to buy Mt. Gox has launched a website to garner support from creditors of the bankrupt bitcoin exchange to prevent a liquidation of its assets, Reuters reported. "We need your help to stop a liquidation, which would be g ...
Daily Headline - global.abi.org - 04/18/2014 - 00:05 - 0 comments
- MtGox Faces Liquidation After Japanese Court Rejects Bankruptcy Protection
MtGox, once the biggest bitcoin exchange in the world, is likely to be liquidated after a Japanese court denied it bankruptcy protection on Wednesday, The Guardian reported. The company's assets will be sold off and used to pay its creditors, in ...
Daily Headline - global.abi.org - 04/16/2014 - 23:07 - 0 comments
- Japan’s Population Shrinks for Third Year as Ranks of Aged Grow
aging society, Bloomberg News reported. The population declined by 0.17 percent to 127.3 million as of ... economy faces in financing its aging society, Bloomberg News reported. The population declined by 0 ...
Daily Headline - global.abi.org - 04/15/2014 - 23:13 - 0 comments
- Mt. Gox Faced Questions On Handling Client Cash Long Before Crisis
Two years before Mt. Gox filed for bankruptcy, a half dozen employees at the Tokyo-based bitcoin exchange challenged CEO Mark Karpeles over whether client money was being used to cover costs, according to three people who participated in the discussion, ...
Daily Headline - global.abi.org - 03/30/2014 - 21:32 - 0 comments
- Mt. Gox Says It Found 200,000 Bitcoins In 'Forgotten' Wallet
Mt. Gox said on Friday it found 200,000 "forgotten" bitcoins on March 7, a week after the Tokyo-based digital currency exchange filed for bankruptcy protection, saying it lost nearly all the 850,000 bitcoins it held, worth some $500 million at ...
Daily Headline - global.abi.org - 03/23/2014 - 10:15 - 0 comments
- Mt. Gox Suit Judge Loosens Bitcoin Freeze to Chase Assets
A U.S. judge who froze assets belonging to the American affiliate of bankrupt Bitcoin exchange Mt. Gox Co. loosened that restraint to see where some of the digital currency flows, Bloomberg News reported. U.S. District Judge Gary Feinerman in Chicago tod ...
Daily Headline - global.abi.org - 03/20/2014 - 22:16 - 0 comments
- BOJ's Kiuchi Warns of Risks From Easing
One of the Bank of Japan's more outspoken policy board members warned on Wednesday that too much monetary stimulus could cause problems for the economy in the future, even as the head of the bank said that it should stand ready to act again if neede ...
Daily Headline - global.abi.org - 03/19/2014 - 23:20 - 0 comments
- Mizuho Deal To Put Focus On Japanese Reading Of Basel III
Mizuho Financial Group is set to bring Japan's first overseas new-style bank capital instrument, testing investors' stance on the country's unique interpretation of loss-absorption rules, Reuters reported. Unlike other jurisdictions, where ...
Daily Headline - global.abi.org - 03/17/2014 - 00:03 - 0 comments
- Tokyo Lawsuit Raised Red Flags On Mt. Gox Funding, Compliance
Two months before Mt. Gox filed for bankruptcy it was sued by a customer seeking the return of funds in a case that highlights some of the red flags raised in the run-up to the collapse of what was once the world's biggest bitcoin exchange, Reuters ...
Daily Headline - global.abi.org - 03/12/2014 - 21:43 - 0 comments