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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 in Bitcoin and founder of Blockstream, is facing a wave of trouble across his business empire, including a hack and multiple lawsuits, according to Bloomberg. The report casts a spotlight on mounting legal and security pressures surrounding the company and its high-profile founder.

Why now: A fresh Bloomberg investigation into legal and security problems at a prominent Bitcoin company is drawing attention in the crypto world.

Adam BackBlockstreamBloombergBitcoin

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Evidence

• Bitcoin Pioneer Adam Back’s Empire Beset by Hack, Lawsuits · Bloomberg.com

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