Mt Gox, the now-defunct bitcoin exchange, has been out of the media headlines for a few years now, given the fact that it entered bankruptcy following the disappearance of hundreds of millions of dollars-wroth of bitcoin.

However, recent reports now indicate that the Mark Karpeles, the CEO of the digital currency exchange is considering the idea of launching an Initial Coin Offering, in order to revive the exchange. As controversial as this may sound, Mark Karpeles wrote a blog post detailing the possible implications of an Mt Gox ICO.

We’ve covered the Mark Karpeles arrest a couple of days back, as the Bitcoin community had finally received some great news, thanks to the fact that the Japanese authorities have arrested Karpeles, the CEO of Mt Gox, which was one of the world’s largest Bitcoin exchanges, where over 70% of the transactions were carried out 2 years ago.