Share this article

Mt. Gox Victims Angered by Mark Karpeles' Twitter Return

The CEO of defunct exchange Mt. Gox has tweeted about noodles and sunsets, with seeming disregard for his audience.

Updated Sep 11, 2021, 10:54 a.m. Published Jun 20, 2014, 3:41 p.m.
vvgf
vvgf

Mark Karpeles, the disgraced CEO of bankrupt bitcoin exchange Mt. Gox, is back on twitter and he is not about to win any popularity prizes for his musings.

Karpeles started tweeting a series of comments via an old account (@MagicalTux) on 15th June and, needless to say, the community response has been overwhelmingly negative.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

Initial tweets that referenced Tokyo sunsets and earthquakes were met with the suggestion that Karpeles deserves to enjoy romantic sunsets from prison rather than his Japanese home.

Demands for the truth

Many of Karpeles' twitter 'followers' simply want to know the truth, with users often complaining about the bitcoins they lost in the exchange's collapse. And some lost more than others:

@MagicalTux I feel very depressed about losing 1194 BTC on your exchange Mark. I trusted you. I believed in you. Idk what happened, tell us?— warz (@warz) June 15, 2014

It has been months since Mt. Gox collapsed, falling victim to an alleged hack, but countless questions remain unanswered. Karpeles and Mt. Gox provided limited information following the closure, but many more pieces of the puzzle are still missing.

Since he reappeared on twitter, Karpeles has avoided mention of bitcoin or Mt. Gox, preferring to tweet about the weather, Japanese public transportation, instant yakisoba noodles (which he compared to instant ramen) and, of course, PHP.

So why is he back?

It all seems rather surreal and counterproductive to say the least. Karpeles is not reaching out to the community – in fact, he is antagonising it.

It’s not just reddit and twitter that are abuzz with anger, some industry leaders have been openly hostile as well.

Bitcoin evangelist and Blockchain CSO Andreas Antonopoulos went so far as to vent his anger on Wired, saying that Karpeles "remains oblivious to his own failure and the pain he has caused others".

Antonopoulos went even further:

“He is confirming that he is a self-absorbed narcissist with an inflated sense of self-confidence who has no remorse.”

It is impossible to say what compelled Karpeles to start tweeting again, although Antonopoulos’ diagnosis, if correct, could explain a thing or two.

People close to Karpeles, even including his mother, insist his people skills leave much to be desired, so his decision to start tweeting about Tokyo might not be as strange as it seems.

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Barclays Sees ‘Down-Year’ for Crypto in 2026 Without Big Catalysts

(Jose Marroquin/Unsplash)

Spot trading volumes are cooling, and investor enthusiasm is fading amid a lack of structural growth drivers, analysts wrote in a new report.

What to know:

  • Barclays forecasts lower crypto trading volumes in 2026, with no clear catalysts to revive market activity.
  • Spot market slowdowns pose revenue challenges for retail-focused platforms like Coinbase and Robinhood, the bank said.
  • Regulatory clarity, including pending market structure legislation, could shape long-term market growth despite near-term headwinds.