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Former Mt. Gox CEO Says New Exchange Will Be "Transparent"

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Summary
Nutrition label

61% Informative

Former Mt. Gox CEO Mark Karpeles says his new crypto exchange, EllipX, will be transparent and audited.

He was the CEO when the Japanese -based exchange lost up to 950,000 BTC in a series of hacks on the platform.

He also highlighted differences between Mt.Gox and FTX ’s collapse, as the former was hacked while the latter collapsed thanks to Bankman-Fried's mismanagement.

He stated that he has the best experience since he knows what could go wrong when heading a crypto exchange.

The former CEO revealed that the exchange will start operating sometime this month .

VR Score

35

Informative language

19

Neutral language

47

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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