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March 6, 2011Companies & infrastructureLaunches & foundingswell supported

Mark Karpelès takes control of Mt. Gox

Jed McCaleb sold the Mt. Gox exchange to Mark Karpelès as trading activity expanded.

Karpelès moved the company’s operations to Japan and oversaw its growth into Bitcoin’s dominant exchange. The transfer placed a central piece of market infrastructure under new ownership before the platform’s later crises.