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Mt. Gox founder won't appear in US for bankruptcy case

Published on Apr 15, 2014 10:50 AM
A subpoena is seeking to get Mark Karpeles to appear and provide testimony in Washington DC on Friday. -- FILE PHOTO: AFP

(Reuters) - Mark Karpeles, the founder of Mt. Gox, said he would not come to the United States to answer questions about the Japanese bitcoin exchange's US bankruptcy case, Mt. Gox lawyers told a federal judge on Monday.

In the court filing, Mt. Gox lawyers cited a subpoena from the US Department of Treasury's Financial Crimes Enforcement Network, which has closely monitored virtual currencies like bitcoin.

"Mr. Karpeles is now in the process of obtaining counsel to represent him with respect to the FinCEN Subpoena. Until such time as counsel is retained and has an opportunity to 'get up to speed' and advise Mr. Karpeles, he is not willing to travel to the US", the filing said.

The subpoena requires Karpeles to appear and provide testimony in Washington, DC, on Friday.

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