Earlier quoted context omitted.
That is... not an asset.
It is property.
Since this week.
Mt. Gox CEO Karpeles refuses travel to U.S. for questioning
31–40 of 68 posts
Re: Mt. Gox CEO Karpeles refuses travel to U.S. for questioning
#32Not surprised that he doesn't want to step into the jurisdiction of federal marshalls. And the excuse that it would be an 'unacceptable misuse of resources' from the opposing counsel is pretty thin. People teleconference all the time and there are plenty of certified court reporters in either Japan or Taiwan who could facilitate a deposition.
Re: Mt. Gox CEO Karpeles refuses travel to U.S. for questioning
#33Remember when the U.S. was the "shining beacon"? Where someone coming into questioning couldn't be held indefinitely as a "material witness"? Or to first have all assets seized and then assigned a terrible attorney because of insolvency? When it would not be a stupid move to submit to questioning on U.S. soil? Yesh, that's what I thought.
Remember when everyone could do whatever they want without the threat of even being charged and held to trial?
edit: It's like everyone forgot what happened with Mt Gox and now assumes that Karpeles is the second coming of Julian Assange
Re: Mt. Gox CEO Karpeles refuses travel to U.S. for questioning
#34Remember when the U.S. was the "shining beacon"? Where someone coming into questioning couldn't be held indefinitely as a "material witness"? Or to first have all assets seized and then assigned a terrible attorney because of insolvency? When it would not be a stupid move to submit to questioning on U.S. soil? Yesh, that's what I thought.
Remember when everyone could do whatever they want without the threat of even being charged and held to trial? edit: It's like everyone forgot what happened with Mt Gox and now assumes that Karpeles is the second coming of Julian Assange
Without going into extremes, can't we simply believe that the there's absolutely no reason for him to go to the US for deposition and that he's still guilty of losing all those money? He doesn't have to be the second coming of anyone to know it's dangerous for him to travel anywhere.
Re: Mt. Gox CEO Karpeles refuses travel to U.S. for questioning
#35So wouldn't I.
Re: Mt. Gox CEO Karpeles refuses travel to U.S. for questioning
#36Remember when the U.S. was the "shining beacon"? Where someone coming into questioning couldn't be held indefinitely as a "material witness"? Or to first have all assets seized and then assigned a terrible attorney because of insolvency? When it would not be a stupid move to submit to questioning on U.S. soil? Yesh, that's what I thought.
When was this, exactly? Was this Imaginary Fantasy Past Golden Era US, or real US?
Re: Mt. Gox CEO Karpeles refuses travel to U.S. for questioning
#37As a US citizen, if I lived outside the US and was summoned back for "questioning" by adverse parties, there's almost no reason I can imagine going. If that's truly all they want, then there's no reason it needs to be done in person. Depositions can be conducted remotely in many (though not all) jurisdictions.
You're right; this isn't even close to news. Essentially, the plaintiffs are complaining that Karpeles isn't volunteering to massively inconvenience himself to make the lives of the people suing him easier.
Their offer to "pay all travel expenses" was hilarious. As if $5,000 or even 10x that amount is even a rounding error to the case they're pursuing against him.
Re: Mt. Gox CEO Karpeles refuses travel to U.S. for questioning
#38I believe Admiral Akbar might have some advice for this CEO. Given the U.S. propensity for arresting foreign nationals for allegedly breaking U.S. laws while completely outside of U.S. territory just as soon as they finally set foot on it, I would politely decline this request as well. The offer to pay 100% of all travel expenses up front is particularly suspicious. Given what has already occurred, I'd probably also…
Yeah, somehow, I'm not seeing any reason to believe that the people suing Mt.Gox for fraud are in league with a government plot against Karpeles.
Mt.Gox sought bankruptcy protection in Japan, and then in the US (tied to the Japanese process). People with claims in the US against Mt.Gox, as is fairly routine in bankruptcy cases where there are active claims, sought to have Karpeles testimony as a representative of the bankrupt firm with relevant knowledge compelled by the bankruptcy court.
> The offer to pay 100% of all travel expenses up front is particularly suspicious.
Payment of a witnesses travel costs, lodging, plus attendance fees in US federal court is generally mandatory (28 USC Sec. 1821.) Offering to pay up front as a means of removing a potential convenience barrier for a witness is, AFAIK, fairly routine, rather than "particularly suspicious".
Re: Mt. Gox CEO Karpeles refuses travel to U.S. for questioning
#39As a US citizen, if I lived outside the US and was summoned back for "questioning" by adverse parties, there's almost no reason I can imagine going. If that's truly all they want, then there's no reason it needs to be done in person. Depositions can be conducted remotely in many (though not all) jurisdictions.
You're right; this isn't even close to news. Essentially, the plaintiffs are complaining that Karpeles isn't volunteering to massively inconvenience himself to make the lives of the people suing him easier. Their offer to "pay all travel expenses" was hilarious. As if $5,000 or even 10x that amount is even a rounding error to the case they're pursuing against him.
On the contrary: he's asking for bankruptcy protection from US Courts.
US Courts can use bankruptcy law to protect you from your creditors. But if he refuses to comply with the Courts, then why should get get any bankruptcy protection?
Re: Mt. Gox CEO Karpeles refuses travel to U.S. for questioning
#40Remember when the U.S. was the "shining beacon"? Where someone coming into questioning couldn't be held indefinitely as a "material witness"? Or to first have all assets seized and then assigned a terrible attorney because of insolvency? When it would not be a stupid move to submit to questioning on U.S. soil? Yesh, that's what I thought.
When was this, exactly? Was this Imaginary Fantasy Past Golden Era US, or real US?
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