Another Mysterious Death in the World of Crypto in Just Days

Submitted by Jagajeet Chiba on

Written by :

Jagajeet Chiba

Published on :

Another Mysterious Death in the World of Crypto in Just Days

One of the largest owners of bitcoin, who reportedly held as much as $1 billion, is dead at 41.

coinbase_0.gif

A Bitcoin pioneer who was believed to own over $1 billion in the cyptrocurrency and considered one of the asset’s larger single-holders, died off the coast of Costa Rica, apparently from  at Playa Hermosa de Garabito, Puntarenas, in Costa Rica. 

Mircea Popescu, a Romanian national, was known for starting MPEx, a bitcoin securities exchange, around the same time as Coinbase Global COIN, 4.05% launched.  Satoshi DICE, a popular gambling website that only accepted bitcoin, was listed on Romanian-based Mpex by Eric Voorhees.

The SEC would later go onto investigate the offering, claiming it was unapproved.

The news of Popescu's untimely death comes just days after another popular figure in the world of cryptocurrencies, John McAfee, died in a Barcelona prison from an apparent suicide.

More News...

Morgan Stanley Buys Over 28,000 Shares of Grayscale Bitcoin Trust

Morgan Stanley has purchased 28,289 shares of Grayscale Bitcoin Trust through its Europe Opportunity Fund, according to a U.S. Securities and Exchange Commission filing, it was reported on Monday.

The Europe Opportunity Fund includes a mix of Europe-based companies in the technology and non-technology space, and other investments.   Grayscale is owned by CoinDesk parent company Ditigal Currency Group.

Morgan Stanley debuted bitcoin investment fund products for high-net-worth clients back in March.

Bitstocks CEO Michael Hudson & Vaionex CEO Robin Kohze Interview

CoinGeek Chief Bitcoin Historian Kurt Wuckert, Jr. and Natalie Mason lead this session of CoinGeek TV, catching up with Michael Hudson of Bitstocks and Robin Kohze of Vaionex Corporation.

The two guests give their take on #CGZurich, and also explain why they think Bitcoin creator Dr. Craig Wright and the BSV enterprise blockchain are “plumbers”—and why it’s up to the entrepreneurs now to go out and build on top of the platform, to see it reaching its full potential.

- Jagajeet Chiba, Gambling911.com

Related Content

Dave & Busters

Suit Against Dave & Busters in South Carolina Court Claims Arcade Games Are Unlawful Gambling

A state advocacy group filed a suit in the District Court of South Carolina Florence Division late Wednesday April 15 arguing the chain’s games function as unlawful gambling rather than entertainment.
Fanatics Markets

Fanatics Markets Unveils Combos

Just in time for basketball’s postseason, Fanatics Markets is introducing a bigger way to trade with Combos.
Curacao

Curacao Is Still the Most Popular Gambling License. But the Rules Have Changed

If you have spent any time around the online gambling industry, you have heard the same pitch for Curacao a hundred times: cheap, fast, easy. For years that pitch was essentially accurate.
1Win airplane with man stepping out

Tyga Enters 1win VIP Program, as Platform Blends Crypto and Entertainment

1win continues to evolve its VIP ecosystem, bringing global rapper Tyga into its high-tier community while reinforcing its positioning as a crypto-first entertainment platform.