Former Mt. Gox CEO Mocks FTX CEO's Plea for Release, Cites Calculations with a Simple Calculator
Summary:
Former Mt. Gox CEO Mark Karpelès shows little sympathy for ex-FTX CEO Sam Bankman-Fried's request to be released from prison for trial preparation citing poor internet. Karpelès recalls his own arrest in 2015 and how he managed with a simple calculator, eventually being cleared of all charges. Bankman-Fried faces 12 criminal charges and pleads not guilty.
Former Mt. Gox CEO, Mark Karpelès, seems unsympathetic towards Sam Bankman-Fried, former FTX CEO, who is requesting release from prison to prepare for his trial due to poor internet access. Karpelès, recalling his own arrest in 2015, mentioned using a simple calculator as his computing power. He spent 11 months and 15 days in pre-trial detention, without access to evidence until later. Karpelès managed his situation by creating an index of the evidence using folders and stickers, all squeezed into an eight-page file. Initially considering an abacus, he was fortunate to have been allowed to use a calculator for accounting purposes. Spending $120 on the best calculator available, Karpelès was eventually cleared of all charges thanks to this little device and the work of his lawyers. Bankman-Fried, who is facing 12 criminal charges, recently requested his release from prison due to poor internet access hindering trial preparation.
Published At
9/14/2023 2:56:56 AM
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