Mt. Gox CEO Karpeles arrested by Japanese police
Mark Karpeles faces charges related to the loss of 650,000 bitcoins worth hundreds of millions of U.S. dollars when the Tokyo-based trading exchange collapsed in February 2014.
Karpeles, a French citizen, is suspected of accessing the company's computer systems and falsifying financial data, according Japan's Kyodo News.
Japanese broadcaster NHK showed video of a man that appeared to be Karpeles being led to a car by police in a residential district of Tokyo. The TV station said the footage was recorded around 6:40am Saturday, or Friday afternoon U.S. time.
The Tokyo Metropolitan Police Department has been investigating the collapse of Mt. Gox for more than a year.
Martyn Williams covers mobile telecoms, Silicon Valley and general technology breaking news for The IDG News Service. Follow Martyn on Twitter at @martyn_williams. Martyn's e-mail address is martyn_williams@idg.com