Mark Karpeles, CEO of UNGOX, Inc.
12:00-13:30 Monday, April 11, 2022
Language: The speech and Q & A will be in English.
There is a Japanese saying, "The foundation of success is failure." Nobody knows that better than Mark Karpeles, the former chief executive officer of Mt. Gox.
The world's largest Bitcoin exchange at the time collapsed in 2014 after it was hacked and half a billion dollars worth of the cryptocurrency was stolen from the company. Karpeles, who some call "Ghosn Before Ghosn" was arrested in August 2015 and charged with crimes he didn't commit in an effort to get him to confess. He spent nearly a year in detention before his trial. In 2019, he was found innocent of all major charges and given a suspended sentence for "improper handling of electronic data". his not guilty verdict on two counts was considered shocking.
Karpeles is back, and in a bittersweet development is creating a company built on the lessons he's learned. UNGOX aims to be the first comprehensive rating agency for cryptocurrency exchanges across the world and Karpeles hopes to make it the Moody's of the cryptocurrency world.
And to show that he's learned from his mistakes, with the launch of the company, Karpeles is offering a Mt. Gox non-fungible token (NFT) which will grant former customers a lifetime of free access to the new website and service. He'll talk about his past, the future, bitcoin and his unlikely friendship with Carlos Ghosn.
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