Former Mt. Gox CEO Mark Karpeles makes his comeback

Bitget App

Trade smarter

Bitget

News

The Block2024/09/25 16:00

By:The Block

Quick Take Former Mt. Gox CEO Mark Karpeles is making his comeback to crypto with the launch of a new exchange, EllipX.

Episode 7 of The Crypto Beat was recorded with The Block's Editor-In-Chief Tim Copeland and Former Mt. Gox CEO Mark Karpeles.

Listen below, and subscribe to The Crypto Beat on YouTube , Apple , Spotify , Twitch or wherever you listen to podcasts. Please send feedback and revision requests to [email protected]

Former Mt. Gox CEO Mark Karpeles joined Tim Copeland to discuss his return to the crypto space with the launch of a new exchange: EllipX.

OUTLINE
00:00 Introduction
04:37 - Another exchange?
6:20 - Trust issues
12:44 - Why Europe?
15:15 - Security features
17:55 - FTX collapse opens the market
25:09 - Post-FTX collapse
31:54 - Ungox
36:47 - Mt Gox repayments
40:38 - Closing thoughts

The Block Community
The Block is launching a new community experience for fans of The Scoop! Follow us on Lens to stay in the loop: hey.xyz/u/theblockcommunity

The Block Newsletters
The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

The Arbitrum Foundation aims to revitalize its ecosystem and lay out the groundwork for future financial infrastructure through three initiatives: the DRIP incentive program, the incubation of the PerpDEX Variational Protocol, and the staking of US stock tokenization. Summary generated by Mars AI. The accuracy and completeness of this summary are still undergoing iterative updates.

MarsBit•2025/11/13 18:26