News for hackers. Stuff that matters.
Re:Mt. Gox – Business Plan 2014-2017 [pdf] by celticninja on Thursday February 27, 2014 @09:04AM (#7312169)
losing the money was not the crime, trying to cover it up and engage in dubious practices like using customer fiat funds to shore up your company, buy btc (on gox at $150) to sell on other exchanges (bitstamp at $500) is likely to be the root of their legal woes not that they wer ehacked and lost 750k coins.

Their cover up is what will bring legal repercussions.

Re:Mt. Gox – Business Plan 2014-2017 [pdf] by tlrobinson on Thursday February 27, 2014 @12:54PM (#7313674)
I have no idea how accurate this is, but Mark seemed to believe they were "operating within the law":

"Karpeles replied that the matter is “confidential,” adding that the company had discussed its business model with Japanese authorities “to ensure that we are operating within the law here.”"

Re:Mt. Gox – Business Plan 2014-2017 [pdf] by seanmcdirmid on Thursday February 27, 2014 @09:15AM (#7312229)
That sounds plausible. If they did cover it up, then I can see fraud charges. But if they were just stupid...