Ex-CEO of Bankrupt Bitcoin Exchange Mt. Gox Has a New Job in Crypto

Mark Karpelès, the CEO who presided over Bitcoin exchange Mt. Gox until it went bankrupt in 2014, has had a hard time finding work for the last four years.“I have no way to be sure that I’ll still be able to work in one year, two years,” Karpelès told Fortune in an interview in Tokyo in March. “So I cannot really get a normal full-time job.” 

But whether it’s what he considers “normal” or not, Karpelès recently did land a new job—and a major one, as a C-level executive at a U.S. corporation. He’s the new chief technology officer of London Trust Media, a Denver-based company that boasts the world’s largest paid virtual private network (VPN) service.

London Trust Media is also increasingly investing in cryptocurrency: It was an early investor in Zcash, a privacy-focused digital coin, and has also backed Purse, a startup allowing people to buy Amazon items with Bitcoin.

 

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