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Executive arrested over disappearance of $390 million in Bitcoins

Mark Karpeles, head of collapsed MTGox Bitcoin exchange held by Japanese police

Japanese police on Saturday arrested Mark Karpeles, head of the collapsed MtGox Bitcoin exchange, over the disappearance of about $390 (£250 million) worth of the virtual currency, local media said.

France-born Karpeles, 30, is suspected of having accessed the exchange's computer system and…

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