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back to article MtGox boss Karpeles ordered to Dallas to face bankruptcy probe

MtGox CEO Mark Karpeles has been ordered by a judge to return to the US to face questions over his bankruptcy filing with a Dallas court and how 750,000 Bitcoins went AWOL. Bankruptcy judge Stacey Jernigan ruled that Karpeles must appear at the Dallas office of his lawyers Baker & McKenzie on 17th April. This is ahead of a May …

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  1. WonkoTheSane
    Trollface

    Dilbert is right on the case today.

    http://www.dilbert.com/strips/comic/2014-04-02/

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    1. Anonymous Coward
      Reply Icon
      Thumb Up

      Re: Dilbert is right on the case today.

      Yes .... just about sums up bitcoin

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  2. silent_count
    Paris Hilton

    Who wouldn't want to get lynched?

    I'm sure Mr Karples will be hurrying to the airport real soon now.

    .

    .

    Any minute now.

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  3. ragnar

    "If he avails himself of this court, my God, he is going to get himself over here"

    Is it normal for US judges to talk in an unprofessional manner about their cases?

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    1. GBE
      Reply Icon

      It's Texas

      "Is it normal for US judges to talk in an unprofessional manner about their cases?"

      It's Texas.

      Hopefully, talk is all she does unprofessionally.

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  4. Anonymous Coward
    Anonymous Coward

    Magic

    The gathering. Dallas

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  5. Anonymous Coward
    Anonymous Coward

    Foreign firms should not be able to file bankruptcy in a country they do not have a presence in. They should not be able to seek protections in a country they provided nothing too. Mt. Gox was not a US based firm nor ever paid any taxes, his request for bankruptcy protection should be denied on the fact the court lacks jurisdiction. Let him seek bankruptcy protection in Japan.

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    1. Pascal Monett Silver badge
      Reply Icon

      I find your point of view perfectly reasonable, and I subscribe to it.

      However, I have no doubt that there is some leeway in how all this is handled and, given that it is US citizens filing complaints, it may also be logical that MtGoX might want to seek protection in the US.

      The real question is : why does a company in Japan care about a court case in the USA ? US citizens could win anything they want, I don't see that a US court has the power to force anyone in Japan or elsewhere to pay up. The the CEO isn't even an American citizen, and if he were it would grant no special powers to a US court either.

      After all, that is, if memory serves, one of the prime reasons some people scamper to a non-extradition country with millions in a suitcase, is it not ?

      Except that Japan is hardly a non-extradition country for the US.

      Nevertheless, this whole thing should indeed be handled by Japanese law. That's where the company is located.

      Otherwise, the Microsoft CEO could be summoned by any court in the world as soon as Windows keels over or loses data, and we don't see that happening, now do we ?

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