Japanese police on Saturday arrested Mark Karpeles, head of the MtGox Bitcoin exchange, after a series of fraud allegations lead to its spectacular collapse and hammered the digital currency's reputation. A spokesman for the Tokyo Police said France-born Karpeles, 30, was suspected of manipulating data on the exchange's computer system in 2013 to falsely create about $1.0 million. Earlier Saturday, Kyodo News and other Japanese media said police were also investigating his possible involvement in the 2014 disappearance of nearly $390 million worth of the virtual currency, at current exchange rates.
A piece of Boeing 777 wreckage that washed up on an Indian Ocean island arrived for analysis in France early Saturday, after Malaysian authorities said the part was almost certainly recovered from missing flight MH370. Paris' Orly airport website confirmed the Air France flight transporting the piece of wreckage landed at 6.17 am local time (0417 GMT) from the French island of La Reunion. This could be the convincing evidence that MH370 went down in the Indian Ocean," Malaysia's deputy transport minister Abdul Aziz Kaprawi told AFP.