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Adam Back's Crypto Empire Faces Hack and Lawsuits

Original: Bitcoin Pioneer Adam Back’s Empire Beset by Hack, Lawsuits

Adam Back, the cryptographer credited as one of the earliest figures behind Bitcoin and founder of blockchain firm Blockstream, is dealing with mounting troubles: a hack and multiple lawsuits are hitting his business empire, according to Bloomberg. The report casts a spotlight on the pressures facing one of the industry's longest-standing companies as legal and security problems pile up.

Why now: A new Bloomberg report on legal and security problems at a prominent Bitcoin pioneer's company has drawn attention.

Adam BackBlockstreamBitcoinBloomberg

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