New statement Mt.Gox CEO Karpeles sheds no light on developments

Home » New statement Mt.Gox CEO Karpeles sheds no light on developments

mtgox-newThere has been very little information to come from Mt.Gox in recent weeks, and what details have emerged from the troubled exchange have generally come in the form of leaks or unconfirmed reports. While there have been occasional, fragmentary reports from Mt.Gox CEO Mark Karpeles, they’ve offered little insight into the situation at Mt.Gox. Today’s announcement on, signed by Karpeles, is no different. Apart from confirming that Karpeles is still in Japan and “working very hard” on a solution to the Tokyo-based exchange’s current situation, the post provides no new details.

The statement confirm that Mt.Gox staff have been instructed not to respond or give any information about the current crisis at the exchange, and requests that “people refrain from asking questions to our staff.” This is hardly a surprising sentiment considering that Mt.Gox has recently been subpoenaed by the US Attorney’s office in New York and is currently being investigated in Japan. It’s more surprising that Karpeles would use the Mt.Gox homepage to make such a request.

The full text of the Karpeles statement is below.

February 26th 2014
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

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