Mark Karpeles Will Not Appear in the United States For Questioning

Mark Karpeles Portrait

Despite the fact that a bankruptcy Judge in Texas ordered disgraced Mt. Gox CEO Mark Karpeles to the United States for questioning, it would not surprisingly appear as if Karpeles is unable to make it here.

Judge Stacey Jernigan demanded Karpeles appear if the company wanted bankruptcy protection, but Karpeles’ lawyers cited a FinCEN (Financial Crimes Enforcement Network) subpoena as the reason for the no-show. That subpoena called for Karpeles to show up in Washington, D.C. on Friday to testify.

“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 U.S.,” a filing read.

Gox lawyers have reportedly asked the court to delay Karpeles’ deposition until the 5th of May, but even then could not ensure that Mr. Karpeles would show. [source: Reuters]

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