TOKYO: Mark Karpeles, the former CEO of collapsed Bitcoin exchange MtGox, went on trial in Tokyo on Tuesday over the disappearance of hundreds of millions of dollars worth of the virtual currency from its digital vaults.

The French national — once the high-flying head of the world’s busiest Bitcoin trading platform, who reportedly lived in an $11,000-a-month penthouse — is facing embezzlement and data manipulation charges.

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