Update and correction (09:00 UTC, June 7): CoinDesk reached out to Mark Karpeles to discuss the facts of the original source of this article, The Mainichi newspaper. This was his reply:
âThank you very much for reaching out. I believe Iâve been quite clear during the press conference and Iâm not sure how this got reported wrong, considering some people even asked if I wouldnât consider returning to the crypto/blockchain industry.
Tristan Technologies isnât exactly a startup per se, since the company has been up and running for years and is now self sufficient (and doesnât have the kind of budget startups usually have). We focus on IT solutions, mostly cloud-based, and offer services such as a Google Drive/Dropbox replacement called AtOnline Drive (among other things).
I am also working with London Trust Media (the company behind privateinternetaccess.com) on new brands and services such as futurefcmma.com.â
The article has been updated to reflect Karpelesâ comments.
Mark Karpeles has revealed heâs âstarting from zeroâ with an IT project soon after escaping most charges in a court case over the collapse of bitcoin exchange Mt. Gox.
Talking to reporters at the Foreign Correspondents Club of Japan on Wednesday, The Mainichi reports, Karpeles said his company will develop a secure operating system that will outdo current systems in terms of speed.
Karpeles is acting as as chief technology officer of the Japan-registered firm, Tristan Technologies Co.
In comments that seem aimed to repair his reputation in the country, Karpeles said he hopes the tech will help restore Japan as a global tech leader after its advantage had been lost to U.S. giants like Apple, Amazon and Facebook in recent years.
He said:
âJapan used to be engineering superpower in terms of its PCs but right now, taking the cloud for example, itâs the U.S. that dominates. But I still believe in the potential Japan has and I would like to develop that.â
According to the report, the former Mt. Gox CEO indicated he currently does not hold any cryptocurrencies and that they are a high risk asset. âI wouldnât say Iâm rich today,â he added.
Just three months ago, Karpeles was cleared in a Tokyo court on charges of embezzlement and breach of trust. However, he was found guilty of manipulating the exchangeâs data, receiving a suspended sentence of 2.5 years. He later indicated he will appeal the conviction, saying in late March:
âDuring the opening of my trial in 2017, I swore to God that I am innocent of all charges. I believe appealing to the judgment is appropriate so that I can be judged again in full consideration of all the facts.â
In early 2014, Mt. Gox revealed it had previously suffered a massive hack involving 850,000 bitcoin, some of which was later found. The exchange officially filed for liquidation in April of that year.
Mark Karpeles image via CoinDesk Japan