Michael Mancil Brown bought 371,000 #Bitcoin – for less than $0.01 each and was one of the early people that adopted bitcoin.
Michael Mancil Brown, otherwise known as KnightMB – he was once the 7th richest person in Bitcoin, holding 300 000 bitcoin.
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Brown found #Bitcoin in early 2010 When he first got involved, 1 #BTC was less than $0.01 Here he is chatting with Satoshi on the forums
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The U.S. government accused Brown of extortion They believed he had stolen Mitt Romney’s tax returns And that he was holding them for a $1 million ransom !!
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The U.S. government accused Brown of extortion They believed he had stolen Mitt Romney’s tax returns And that he was holding them for a $1 million ransom !!
He was indicted and sent to jail.
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Michael Mancil Brown might or might no have been a criminal, i don’t know. But if he indeed was behind the blackmail, one wonders why someone with $1 million in bitcoin would try to blackmail a politician for $1 million ? Why would you risk getting caught, when you do not even need the money ?
Or maybe this was his contribution to help get exposure for bitcoin. Maybe this radical act help get bitcoin to where it is today. I don’t know.