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Former Mt Gox CEO Mark Karpeles to Launch New Crypto Exchange With a Focus on Transparency

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Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is set to launch a new cryptocurrency exchange named Ellipx later this month. Based in Poland, Ellipx aims to prioritize transparency and compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation. The platform will initially operate as a crypto-only exchange, with plans to incorporate banking and fiat currency services in the future. As a goodwill gesture on behalf of Karpeles, former Mt. Gox users will receive significant trading fee discounts.

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Former Mt Gox CEO Mark Karpeles to Launch New Crypto Exchange With a Focus on Transparency