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IPFS News Link • Business/ Commerce

NEW PIA CTO MARK KARPELES – EX CEO OF MT GOX

• https://redlotusvpn.com, BY PHAM

He is still on trial for embezzlement charges in Japan.

Karpeles was in trouble with the law even before the theft.

He'd been indicted for a pair of fund transfers that took place in 2013: one that saw cash from a Mt. Gox customer be funneled into his personal account & another where an account in his name on the exchange had its balance mysteriously increased.

London Trust Media are a Denver-based corporation that claim to run the largest virtual private network (VPN) service in the world.

PIA, a service that is supposed to improve the security and reassure their users that their data is secure, hired a person who either lost $473 million in user's money due to poor security or insider fraud.

PIA have been dogged with rumours of dodgy dealings for years in the developing world, particularly Pakistan, not to mention the recent shenanigans in the Republic of Korea. 


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