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Mircea Popescu – Is this the death of Bitcoin?

Writer: LawExchange InternationalLawExchange International

Romanian bitcoin billionaire and crypto exchange founder, Micrea Popescu, died suddenly, aged 41, leaving behind more than 1bn Bitcoin tokens. It is understood that he was behind the drive to keep Bitcoin from changing block size from 1MB to 2MB. He threatened to dump tokens onto the market, causing a crash in the price of Bitcoin if the block size was changed. A driving force in the Bitcoin market, Popescu’s crypto wallet may now be lost forever; this could cause a global effect on the price of Bitcoin. It is not yet known whether a will was left or what will now happen to his Bitcoin fortune.


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