Former Mt. Gox CEO plans to launch new crypto exchange in Europe later this month

Mark Karpelès, the former CEO of defunct crypto exchange Mt. Gox, told The Block that he plans to launch a new cryptocurrency exchange named EllipX in Europe later this month. Based in Poland, EllipX will place emphasis on transparency and user-friendliness. Last month, EllipX rolled out EllipX Wallet, which adopts multi-party computation technology.