Mealey's Bankruptcy - New Foreign Representative In Bitcoin Bankruptcy Replaces MtGox CEO Mark Karpeles

Mealey's Bankruptcy - New Foreign Representative In Bitcoin Bankruptcy Replaces MtGox CEO Mark Karpeles

DALLAS - The new foreign representative of bitcoin exchange operator MtGox Co. Ltd. on April 28 filed a brief in the U.S. Bankruptcy Court for the Northern District of Texas notifying the parties that he has been named trustee for the proceeding in Japan, which has changed from civil rehabilitation status to bankruptcy, and he has replaced former MtGox Co. Ltd. CEO Mark Karpeles as the company's foreign representative (In Re: MtGox Co. Ltd., No. 14-31229, Chapter 15, N.D. Texas Bkcy.).

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