Most Bitcoin Owner Mircea Popescu Found Dead In Costa Rica, Deceased Had 1 Million BTC

Owner of 1 million bitcoins killed in Costa Rica (Trustnodes)

JAKARTA – The owner of the most Bitcoin cryptocurrency named Mircea Popescu is reported to have died. His body was found drowned off the coast of Costa Rica on June 23, 2021. But the death of the owner of more than 1 million Bitcoin crypto money is still shrouded in mystery.

News of Popescu's death caused speculation from a number of media. Bitcoin.com News says the incident is similar to the hunt for Bitcoin creator Satoshi Nakamoto—until now the person or group of networks behind the name is unknown. The network has reportedly lost one of its most important and mysterious figures in recent decades.

According to Nasdaq, Popescu is one of the largest Bitcoin holders. He once claimed to own 1 million Bitcoins. Popescu, founder of the crypto trading exchange Mpex, died at the age of 41.

Mircea Popescu is a Bitcoin spreader from Romania. He once promised to relinquish his 1 million Bitcoin holdings if the block size (a term in blockchain technology) is adjusted.

Not much is known about Popescu other than the information on his blog, Trilema. The mysterious figure expresses his support for open-source projects focused on security and dedication to keeping the Bitcoin network unchanged despite his interest in creating larger block sizes.

He has written about cryptocurrencies in his early days. Then Popescu founded the Bitcoin trading platform, Mpex in 2012. It wasn't long before Mpex became the target of an investigation by the US Securities and Exchange Commission (SEC).

The reason is that one of the popular gambling sites in Romania named Satoshi DICE is registered on the Mpex platform. At that time, it was Eric Voorhees who registered Satoshi DICE. The gambling site is said to only accept payments in Bitcoin. This prompted the SEC to investigate Mpex.

As a result, Voorhees was penalized and forced to buy back its shares. In Mpex's tough times, Popescue was known for poking fun at the SEC. He also uploaded the results of his correspondence with the SEC on his Trilema blog.

His eccentric attitude was fully seen when Popescu began to dismantle the SEC's request and expose the weakness of their argument to seek information about Mpex and client activity.

However, Popescu's support for open-source systems is well known. An open-source company that has been around since the 1990s, Open BSD is experiencing financial difficulties. In 2014, Popescu appeared and donated $20,000 to the software company to keep it operating.

Rumors circulated that Popescu actually had control over his 1 million Bitcoin holdings. If the information is correct, then he is the only Bitcoin millionaire who can pump and dump.

“I love Bitcoin because I love freedom. It's that simple," Popescu once said, as quoted by NDTV.

The number of holdings raises concerns for the market. The reason is, if Popescu really releases his 1 million Bitcoin holdings to the market, then the Bitcoin price will fall freely.

Until now, the death of the 1 million Bitcoin holder is still a mystery. There is not much official confirmation regarding the death of Popescu, the Bitcoin millionaire. In addition, his Trilema blog is no longer accessible.