Mark Karpelès faces US class action lawsuit over Mt Gox’s demise

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Mark Karpelès, the ex-CEO of defunct cryptocurrency exchange Mt. Gox, will have to face a class-action lawsuit in Philadelphia about the notorious company‘s demise five years ago. It comes after District Judge Robert Kelly threw out Karpelès’ request to dismiss the suit, which alleges he hid problems at the exchange from its users, Reuters reports. The case was brought forward by Gregory Pearce, a former Mt. Gox customer, who is representing himself as well as other victims affected by the exchange‘s failure. According to documents submitted in court, Pearce claims Karpelès was aware of “security bugs in the system but did…

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