Mark Karpelès' Return to Crypto
Who is He?
Mark Karpelès was the CEO of Mt. Gox, a top Bitcoin exchange. It collapsed in 2014 after a hack lost 850,000 BTC.
His New Project
EllipX: A new platform by Karpelès.
Goals:
1. Better security to stop hacks.
2. Real-time audits for transparency.
3. Teach safe crypto trading.
Reactions
Some people don’t trust him due to the Mt. Gox scandal.
Others see this as a chance for him to fix his mistakes.
Conclusion
EllipX is Karpelès’ way to rebuild trust and improve crypto safety. Time will show if he succeeds.
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