Tuesday April 07, 2015

Board Member: Bitcoin Foundation Is "Effectively Bankrupt"

Well, this sure doesn't look good at all. eek!

Of its original five founders, one is now in prison (Charlie Shrem), another oversaw the collapse of the largest Bitcoin exchange (Mark Karpeles), and yet another has since left the United States for a Caribbean nation known for offshore banking (Roger Ver). Of the original board members, only Bitcoin lead developer Gavin Andresen has remained.