Mircea Popescu, an early Bitcoin investor and allegedly one of the world’s most Bitcoin holders, drowned in a beach in Costa Rica last week, causing shock in the currency circle. They worry that the 41-year-old billionaire holds Bitcoin may disappear without a trace.
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When Bitcoin reached an all-time high of about 65,000 U.S. dollars in mid-April, the Bitcoin held by Popescu was conservatively estimated to be worth close to 2 billion U.S. dollars and is still worth more than 1 billion U.S. dollars.
But how many bitcoins Popescu holds has always been a mystery. The most exaggerated statement is that he holds 1 million bitcoins, which are worth more than 34 billion U.S. dollars at current prices.
There are two versions of Popescu’s nationality. Some say he is Polish, but some say he is Romanian. He is considered one of the pioneers and earliest adopters of digital assets, and the founder of the cryptocurrency exchange MPEx (now closed). MPEx was established in 2011 and claims to be one of the earliest cryptocurrency exchanges in the world.
News about Popescu’s death spread quickly in the currency circle, and some people wondered where his assets would go.
The host of the well-known Bitcoin podcast, John Carvalho, said on social media: “If the news is true, it may mean that many Bitcoins are lost forever and the market may be hit hard.”
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