The Taihuttu family has previously said they liquidated all of their physical assets in 2017 in favor of investing in bitcoin and a life on the road, and have hidden most of their holdings in secret stashes around the world.
In October 2017, Netherlands native Didi Taihuttu and his family sold all their valuable belongings and their house for bitcoin. The decision paid off and the Taihuttu family has traveled all around the world and recently moved to the island of Phuket.
Taihuttu got known because he and his family sold all belongings in 2017 and went all in Bitcoin to live fully bankless solely with BTC bitcoinmunt. The Family was named 'the bitcoin family'. He appeared in the TV shows Gert Late Night, De Wereld Draait Door , Jinek and Pauw.
Bitcoin Family patriarch Didi Taihuttu is living in Europe's top crypto tax haven with his family in Lagos, Portugal. His bitcoin investment has thrived through price volatility and a crypto bear market thanks to a proprietary trading algorithm he built in 2019.
The largest holder of Bitcoin is believed to be Satoshi Nakamoto, the pseudonymous founder of Bitcoin. Nakamoto is estimated to own approximately 1,000,000 BTC, worth around $27.13 billion.
Amid all the action, there's also no shortage of money to be made in the $2 trillion crypto economy. Just ask the record 19 billionaires—7 more than last year—on Forbes' annual World's Billionaires list, published Tuesday, who made their money from cryptocurrency and blockchain technology.
Satoshi Nakamoto is the name of the individual or group credited with inventing bitcoin, the world's largest cryptocurrency. Their legend is shrouded in mystery. The inventor's identity has never been confirmed, though April 5 marked their 48th birthday, according to information on a profile with The P2P Foundation.
Sam Bankman-Fried, the disgraced founder of the collapsed cryptocurrency exchange FTX, was arrested in the Bahamas on Monday after U.S. prosecutors filed criminal charges.
Cameron and Tyler Winklevoss went from being the co-originators of Facebook deceived by Mark Zuckerberg (as dramatized in the film “The Social Network”) to early crypto adopters who became "Bitcoin billionaires." Now their firm has been charged by the United States Securities and Exchange Commission (SEC).
The birth of Gemini
The Winklevii became some of the first Bitcoin billionaires during Gemini's rise. But as the pair raked in a fortune while crypto fervor grew, they also began leaning into riskier investments.
“Ilya Lichtenstein and his wife Heather Morgan attempted to subvert legitimate commerce for their own nefarious purposes, operating with perceived anonymity.
Recently, the internet can't stop talking about the deaths of three cryptocurrency giants that have been reported in the media weeks from each other. The "mysterious" deaths of crypto investors Nikolai Mushegian, 29, Tiantian Kullander, 30 and Vyacheslav Taran, 53, have drawn a lot of internet attention.
Lichtenstein, 34, and the 32-year-old Morgan are accused of trying to launder the proceeds of 119,754 bitcoin that were stolen from Bitfinex's platform in August 2016. The couple was not charged in the hack of the Hong Kong-based cryptocurrency exchange.
Bankman-Fried was arrested in the Bahamas in December and was brought to the United States soon afterward. FTX filed for bankruptcy on November 11, when it ran out of money after the cryptocurrency equivalent of a bank run. He is free on a $250 million (€236 million) personal recognisance bond.
Losing more money than you make
It's not that no one has made money off crypto. In fact, our survey finds that of those who've had crypto, 28% sold it for more than it was worth. But a higher rate of investors — 38% — sold their crypto for less than it was worth when they bought it. Another 13% broke even.
From Tom Brady to Kevin O'Leary – See Who Lost Big in the Wake of the FTX Crypto Collapse The crash exposed an $8 billion hole in FTX's accounts, leaving investors and customers scrambling to recoup their funds.
Hackers stole a record $3.8 billion worth of cryptocurrency globally last year, led by thieves tied to North Korea, according to a blockchain analytics firm that tracks cybercrime. Researchers at Chainalysis called 2022 "the biggest year ever for crypto hacking" in a report published last week.
Since his December extradition from the Bahamas, Bankman-Fried has largely been under house arrest at his parents' Palo Alto, California, home on $250 million bond.
Some People Think Putin Is the Bitcoin Founder — Possible, but Not Likely. There has been a theory that Vladimir Putin is behind bitcoin. The theory has deepened as crypto falls amid Russian sanctions.
Following the creation of Bitcoin and the initial implementation of the technology, the enigmatic Satoshi Nakamoto vanished from the public eye in December of 2010.
Russians own more than 16.5 trillion rubles ($214 billion) worth of cryptocurrencies, according to an estimate the Kremlin and government officials are using to craft a plan to regulate the industry.
However, some estimates can be made based on blockchain data and surveys of Bitcoin holders. According to data from Bitinfocharts, as of March 2023, there are approximately 827,000 addresses that hold 1 bitcoin or more, representing around 4.5% of all addresses on the Bitcoin network.
How Many Bitcoins Will Be Mined Before The Next Halving? There are 556,612.5 BTC left to be mined until the next block reward halving.