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Adam Back's Crypto Empire Hit by Hack and Lawsuits

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

Adam Back, the cryptographer whose early Bitcoin work helped shape the industry, is facing mounting legal and security troubles across his business ventures. Bloomberg reports his empire is beset by a hack and multiple lawsuits, marking a rough stretch for one of crypto's best-known pioneers.

Why now: A major financial outlet has just reported legal and security problems for a prominent Bitcoin figure, drawing fresh attention to his companies.

Adam BackBloombergBitcoin

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