The former head of bitcoin exchange Mt.Gox, Mark Karpeles, lost about $387 million while Mt.Gox was in business. Now he's in a Japanese prison. As this article points out Mt.Gox was emblematic of the first age of bitcoin. It was a lawless, wild and often ridiculous age full of odd characters and even odder behavior. Phase 2 promises to see some interesting and legitimate industry adoption of the distributed ledger.