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London Trust Media recently hired Mt. Gox (yes that Mt. Gox) ex-CEO Mark Karpeles as CTO. https://www.engadget.com/2018/04/22/mt-gox-chief-returns-as-cto-of-vpn

London Trust Media recently hired Mt. Gox (yes that Mt. Gox) ex-CEO Mark Karpeles as CTO. https://www.engadget.com/2018/04/22/mt-gox-chief-returns-as-cto-of-vpn-giant/ https://www.engadget.com/2018/04/22/mt-gox-chief-returns-as-...

yborg 8y ago
That would seem to immediately nullify the "Trust" part.
- ryanlol 8y ago
  There's no "London" at play here either.
MaxLeiter 8y ago
The co-founder of LTM was head of North America operations at Mt. Gox as well, read the first quote: https://www.newsbtc.com/2018/04/19/disgraced-ceo-of-mt-gox-appointed-cto-at-london-trust-media/ https://www.newsbtc.com/2018/04/19/disgraced-ceo-of-mt-gox-a...
- dmix 8y ago
  And they run Private Internet Access VPN: https://en.wikipedia.org/wiki/Private_Internet_Access https://en.wikipedia.org/wiki/Private_Internet_Access
jacquesm 8y ago
That's pretty tone-deaf. No matter what the guys qualities are that name is toxic.
- rasengan 8y ago
  Sure, but at the same time, someone who is unwilling to give second chances to the pioneers who took risks before them -- that's more toxic. I want this society to work. And I refuse to let such a chilling effect of fear of failure stop our society from progressing. We all know that you learn best from mistakes. And we, as a society, have gotten much stronger and more resilient.
  - ddtaylor 8y ago
    People have a dislike for Mark not because he took risks but because he didn't let other people solve the problems they clearly had, which is dangerous. The reason there are so many conspiracy theories about him is because he's made the line between stupid and malicious near impossible to differentiate.
    - rasengan 8y ago
      I'm not sure if that is the right way to interpret it. For example, every single exchange out there is holding people's assets, in trust, and thus, are also making it difficult to distinguish the line between stupid and malicious. Society is still learning and it's having growing pains. But, these pains, are leading to stronger, more resilient systems. I think we'll soon start seeing non-custodial exchanges, the way it was meant to be.
      - ddtaylor 8y ago
        There were some strange warning signs though leading up to the hack including people disclosing other security bugs that pointed to a broken system.
      - chx 8y ago
        > Society is still learning and it's having growing pains. Society is fine, thanks. No growing pains. It's the Nakamoto scheme dealers who have pains (thanks Preston Byrne for the name). It's not even growing any more.
    - lovemenot 8y ago
      >> People have a dislike for Mark not because he took risks but because he didn't let other people solve the problems they clearly had I met Mark at the time of mtgox's (first?) public hack in 2012. Shortly after they'd moved to Cerulean Tower in Shibuya. He seemed to realise what mtgox were up against, but they were ill-equipped to face it. Considering the immediate problems mtgox had then, he gave me more time than I probably deserved. In hindsight, I believe Mark was hoping for a Hail Mary. Put another way, I believe that if I'd had the skill to get on top of those problems, he'd surely have hired me. Yet I just doubt that many of the necessary talents were around at that time. It's easy to imagine that we would know how to do things right under exceptional circumstances. Mark was then the man in the ring, and he may become so again. Bonne chance.
bogomipz 8y ago
Yeah and it sounds like he still has to stand trial in Japan and could possibly go back to jail: “I have no way to be sure that I’ll still be able to work in one year, two years,” Karpelès told Fortune in an interview in Tokyo in March. “So I cannot really get a normal full-time job.” In other words, he acknowledges, he may be sent back to jail. (For the full tale of how the Mt. Gox hack mystery has unfolded, see my feature story “Mt. Gox and the Surprising Redemption of Bitcoin’s Biggest Villain” from the May issue of Fortune.) But whether it’s what he considers “normal” or not, Karpelès recently did land a new job—and a major one, as a C-level executive at a U.S. corporation. He’s the new chief technology officer of London Trust Media, a Denver-based company that boasts the world’s largest paid virtual private network (VPN) service."[1] Sounds like a great choice. [1] http://fortune.com/2018/04/19/bitcoin-mark-karpeles-mt-gox-cryptocurrency/ http://fortune.com/2018/04/19/bitcoin-mark-karpeles-mt-gox-c...

yborg 8y ago

That would seem to immediately nullify the "Trust" part.

ryanlol 8y ago
There's no "London" at play here either.

MaxLeiter 8y ago

The co-founder of LTM was head of North America operations at Mt. Gox as well, read the first quote: https://www.newsbtc.com/2018/04/19/disgraced-ceo-of-mt-gox-appointed-cto-at-london-trust-media/ https://www.newsbtc.com/2018/04/19/disgraced-ceo-of-mt-gox-a...

dmix 8y ago
And they run Private Internet Access VPN: https://en.wikipedia.org/wiki/Private_Internet_Access https://en.wikipedia.org/wiki/Private_Internet_Access

jacquesm 8y ago

That's pretty tone-deaf. No matter what the guys qualities are that name is toxic.

rasengan 8y ago
Sure, but at the same time, someone who is unwilling to give second chances to the pioneers who took risks before them -- that's more toxic. I want this society to work. And I refuse to let such a chilling effect of fear of failure stop our society from progressing. We all know that you learn best from mistakes. And we, as a society, have gotten much stronger and more resilient.
- ddtaylor 8y ago
  People have a dislike for Mark not because he took risks but because he didn't let other people solve the problems they clearly had, which is dangerous. The reason there are so many conspiracy theories about him is because he's made the line between stupid and malicious near impossible to differentiate.
  - rasengan 8y ago
    I'm not sure if that is the right way to interpret it. For example, every single exchange out there is holding people's assets, in trust, and thus, are also making it difficult to distinguish the line between stupid and malicious. Society is still learning and it's having growing pains. But, these pains, are leading to stronger, more resilient systems. I think we'll soon start seeing non-custodial exchanges, the way it was meant to be.
    - ddtaylor 8y ago
      There were some strange warning signs though leading up to the hack including people disclosing other security bugs that pointed to a broken system.
    - chx 8y ago
      > Society is still learning and it's having growing pains. Society is fine, thanks. No growing pains. It's the Nakamoto scheme dealers who have pains (thanks Preston Byrne for the name). It's not even growing any more.
  - lovemenot 8y ago
    >> People have a dislike for Mark not because he took risks but because he didn't let other people solve the problems they clearly had I met Mark at the time of mtgox's (first?) public hack in 2012. Shortly after they'd moved to Cerulean Tower in Shibuya. He seemed to realise what mtgox were up against, but they were ill-equipped to face it. Considering the immediate problems mtgox had then, he gave me more time than I probably deserved. In hindsight, I believe Mark was hoping for a Hail Mary. Put another way, I believe that if I'd had the skill to get on top of those problems, he'd surely have hired me. Yet I just doubt that many of the necessary talents were around at that time. It's easy to imagine that we would know how to do things right under exceptional circumstances. Mark was then the man in the ring, and he may become so again. Bonne chance.

bogomipz 8y ago

Yeah and it sounds like he still has to stand trial in Japan and could possibly go back to jail: “I have no way to be sure that I’ll still be able to work in one year, two years,” Karpelès told Fortune in an interview in Tokyo in March. “So I cannot really get a normal full-time job.” In other words, he acknowledges, he may be sent back to jail. (For the full tale of how the Mt. Gox hack mystery has unfolded, see my feature story “Mt. Gox and the Surprising Redemption of Bitcoin’s Biggest Villain” from the May issue of Fortune.) But whether it’s what he considers “normal” or not, Karpelès recently did land a new job—and a major one, as a C-level executive at a U.S. corporation. He’s the new chief technology officer of London Trust Media, a Denver-based company that boasts the world’s largest paid virtual private network (VPN) service."[1] Sounds like a great choice. [1] http://fortune.com/2018/04/19/bitcoin-mark-karpeles-mt-gox-cryptocurrency/ http://fortune.com/2018/04/19/bitcoin-mark-karpeles-mt-gox-c...