Cryptocurrency: Druggie KnightMB Loses 370k BTC

[grarpamp]

Old lore reissued...

https://wallmine.com/people/36050/michael-w-brown
https://coinfomania.com/this-user-once-owned-10-of-the-btc-supply/

This article discusses the story of Michael Mancil Brown, also known
as KnightMB, who once owned over 370,000 BTC, equivalent to 10% of
Bitcoin's total circulating supply. However, Brown eventually sold or
donated his BTC holdings and got involved in a cryptocurrency project
called Timekoin. He was later arrested for blackmailing Mitt Romney in
exchange for Bitcoin and was convicted of wire fraud and extortion.
Currently, there is no individual or institution holding such a large
amount of BTC, with publicly-traded companies like MicroStrategy and
Marathon Digital being the largest holders. The article highlights the
significant increase in Bitcoin's price since KnightMB's ownership,
with BTC currently trading at $29,100.