Posted on 03/05/2014 12:07:57 PM PST by Mad Dawgg
The American CEO of an exchange for the troubled bitcoin digital currency has been found dead after a suspected suicide at her home in Singapore.
Wisconsin native, Autumn Radtke, 28, was discovered inside her apartment on February 28 and officials in the South East Asian city state are now waiting for toxicology test results to determine the exact cause of death.
Douglas Adams, the non-executive chairman of First Meta confirmed that his colleague had passed away in a statement which said the company was 'shocked and saddened by the tragic loss of our friend and CEO Autumn Radtke.'
The death of Radtke is the latest piece of bad news to hit the crisis-ridden bitcoin currency following the collapse of the Japanese-based Mt Gox exchange last week after $400m went missing and the closure of the Flexcoin bank yesterday in Canada after computer hackers robbed $600,000.
(Excerpt) Read more at dailymail.co.uk ...
He IS roadkill.
the “banks” will never allow anyone to join in the spoils. Well, One will. He was angry at the moneychangers when He was here the first time and when He takes over, suhprize, suhprize, suhprize...no more white collar crime, and interest??? Love the Old Testament Law.
the white house, nsa, and Michelle, who loves vacationing...
Bitcoin hasn’t had a very good week has it?
No. Close, but no cigar. The ACORN creeps were Wade and Dale Rathke. I had the same suspicion before I went to Wiki, which can sometimes be good on basic things like this. See:
http://en.wikipedia.org/wiki/Wade_Rathke
Hmmm.
It seems that it is lately.
It doesn’t need to have a future value, it only needs to be able to be sold immediately. Thieves don’t stock up for the future, they’re looking for immediate payout. So they hack an exchange, steal some coins from the wallet, sell the coins (great news for the thieves due to the untraceable nature they don’t have to “fence” the coins for the usual 1/10 to 1/3 value, they can just go ahead and sell them at the current market price), now the thieves have the money and let somebody else worry about whether bitcoins will have any value tomorrow. The great news for thieves is there’s a good chance they can just go ahead and steal the coins from the people they sold them to, the whole thing is anonymous and they might even have sold them to the same place the stole them from.
With this kind of fat money on the table and a whole bunch of people involved who clearly don’t understand cyber-security this is the kind of situation hacker thieves dream about. The Mt Gox theft was at the Hans Gruber level, and nobody even needed a plan that included faking their own deaths.
How much would the bit com cut into profits set up with salami-slicing or other 1/2 cent bank scams if any? Or could a similar scam be set up?
Just thinking out loud SADO could have made quite a bit with1\2 cent scam on the many small loans she made thru the bank she worked for. Money would add up much faster then a loan officer making fewer larger loans .
bkmk esp 44/48 - great thread
bkmk esp 44/48 - great thread
bkmk esp 44/48 - great thread
Coincidences all.yOu
Great food-for-thought. The traceability angle is the part that I failed to consider — that & the potential speed for flipping the theft.
The guy looks like billionaire Richard Branson........
Wow, ya beat me to it......Sure looks like him!
Also interested in gaming as another one or two
Autumn began her career in enterprise cloud computing. In 2007 She worked closely with Apple to bring Aqua Connect, an OS X server based solution to organizations like Johns Hopkins, LANL National Security Lab and the Aerospace Corporation. She later passed on an opportunity to work at Apple to stay in the fast paced world of technology start ups.
In 2008, Autumn joined the founding team of Geodelic, one of the first companies to provide mobile location based services across IOS and Android. Geodelic went on to raise over $10 million from top tier venture capital funds. Autumn was responsible for global business development, and forged strategic partnerships with T-mobile, Korea Telecom, Dell, Clear Channel and Verizon Wireless. Geodelic’s partnership with Verizon Wireless also led to a strategic investment by Verizon Ventures.
Autumn became interested in gaming while working in the mobile space, noting games on mobile devices were out performing every other type of content. In Early 2011 after being spun out of Viacom Autumn assisted the newly independent Xfire in raising capital from prominent angels and Intel Ventures.
Yeah, and they all seem to choose the “nailgun to the back of the head” form of suicide.
Not sure what her death has to do with Bitcoin...you cannot buy or sell Bitcoin on her company’s exchange. Apparently you could back in July, 2013, but not right now. See: https://firstmetaexchange.com & http://blog.firstmeta.com/announcement/new-bitcoin-to-usd-conversion
The old adage, if you aren’t holding it, it isn’t yours is the way I have always felt about bitcoins.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.