Keyword reference — entries that mention this term in body prose.
4 entries reference this keyword in body prose.
Sam Bankman-Fried founded Alameda Research (2017) and FTX (2019), was convicted on all 7 counts against him in 2023, and sentenced to 25 years and $11 billion in forfeiture in 2024.
Stefan Thomas was paid 7,002 BTC in 2011 for a Bitcoin explainer video, stored the keys on a 10-attempt IronKey, and lost the password. By the 2021 NYT report, 2 of 10 attempts remain.
Canadian exchange QuadrigaCX collapsed after CEO Gerald Cotten died in India (Dec 2018). C$250M owed to ~115,000 customers became inaccessible. The OSC later ruled it was a long-running fraud.
Mark Karpelès acquired Mt. Gox in 2011 and ran it through the 2014 collapse. In 2019 he was acquitted of embezzlement but convicted of falsifying records, and given a suspended sentence.