Cryptocurrency: Druggie KnightMB Loses 370k BTC
Old lore reissued... https://wallmine.com/people/36050/michael-w-brown https://coinfomania.com/this-user-once-owned-10-of-the-btc-supply/ This article discusses the story of Michael Mancil Brown, also known as KnightMB, who once owned over 370,000 BTC, equivalent to 10% of Bitcoin's total circulating supply. However, Brown eventually sold or donated his BTC holdings and got involved in a cryptocurrency project called Timekoin. He was later arrested for blackmailing Mitt Romney in exchange for Bitcoin and was convicted of wire fraud and extortion. Currently, there is no individual or institution holding such a large amount of BTC, with publicly-traded companies like MicroStrategy and Marathon Digital being the largest holders. The article highlights the significant increase in Bitcoin's price since KnightMB's ownership, with BTC currently trading at $29,100.
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