Missing Bitcoin and lost execs: Halloween’s creepiest crypto mysteries
The crypto world is rife with tales of loss and deception, especially involving Bitcoin and its pioneers. One haunting story is of James Howells, who accidentally discarded a hard drive containing 8,000 BTC, valued now at over half a billion dollars, into a Newport landfill. His attempts to recover the drive have faced harsh opposition from local authorities. Other chilling narratives include the mysterious loss of Bitcoin due to forgotten passwords and damaged wallets, with an estimated 3.7 million BTC likely lost forever. Tether, the stablecoin, also casts a shadow as rumors of investigations and potential collapses spark fear among investors. The enigmatic disappearance of QuadrigaCX’s CEO Gerald Cotten, who reportedly died with sole access to $190 million in cryptocurrencies, adds to the mystery, alongside the notorious Cryptoqueen Ruja Ignatova, whose Ponzi scheme left many defrauded after her vanishing act in 2017. These tales remind us of the unpredictable nature of the crypto space and the ghosts of fortunes once thought secure.
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