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

Delta to Focus on Premium Flyers Between Atlanta and Las Vegas

Delta to Focus on Premium Flyers Between Atlanta and Las Vegas

A one way flight between Atlanta and Las Vegas for Wednesday December 7. As of August 20, fight class was a mere $609 with just three seats booked. If you think that's expensive, consider that nearly all the other nonstop first class one way flights out of Atlanta were going for $2000!
Can Prediction Markets Be Manipulated by One Huge Trader?

Can Prediction Markets Be Manipulated by One Huge Trader?

A prediction market can change fast. One minute, an outcome is trading around 45%. A few large orders come in, and suddenly the market is sitting at 55% or even higher.
PA Bans 11 Individuals From Gambling Including Woman Who Left 1-Year Old in Car for 3 Hours in 80 Degree Heat

Pennsylvania Bans 11 Individuals From Gambling Including Woman Who Left 1-Year Old in Car for 3 Hours in 80 Degree Heat

Another was banned for having 28 counterfeit $50 bills, some of which he used at table games.
Is Betting on The Little League World Series Wrong?  Past LLWS Scandals Make This Look Like Child's Play

Is Betting on The Little League World Series Wrong? Past LLWS Scandals Make This Look Like Child's Play

From players not getting paid a dime to the use of ineligible players, The Little League World Series has its own stains.