World

Death of 'One of the Largest Bitcoin Holders' Sparks Concerns His Fortune May be Lost Forever

Popescu reportedly drowned on Wednesday as he went for a swim and got “swept away by the current”.
Sputnik
A 41-year old cryptocurrency investor named Mircea Popescu died at the beach resort of Playa Hermosa in Costa Rica, The Sun reports, citing local media.
The "man identified as Popescu" reportedly ended up being "swept away by the current" as he went for a swim on Wednesday, with this tragedy occurring around 8:30 am.
Known for his blogging about cryptocurrencies, Popescu was also "believed by many to be one of the largest individual bitcoin holders", with the size of that fortune being estimated at around $2 billion.
Bitcoin Up 11% After Musk Says Tesla Will Accept It When Miners Use More Clean Energy
Now, Popescu’s demise has apparently triggered speculations regarding his family being allegedly unable to access his funds, with the newspaper pointing out that the cryptocurrency tokens owned by the deceased may be lost forever if the latter "had not made arrangements for others to get access to his wallets".
​Popescu’s death comes a week after anti-virus tech tycoon John McAfee, who also allegedly owned a considerable amount of cryptocurrency, was found dead in his prison cell in Barcelona.
Discuss