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The Devil Takes Bitcoin

The Devil Takes Bitcoin

cryptocurrency crimes and the Japanese connection

by Jake Adelstein
Paperback
Publication Date: 02/09/2025

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The wild, true story of cyber-era commerce, crime, cold-hard cash, and one of the greatest heists in history.

Even in hell, Bitcoin talks. This modern take on an old Japanese saying still holds true. Cryptocurrency was supposed to do for money what the internet did for information, but it didn't work out that way. Its virtual existence unleashed real-world chaos - especially in the homeland of its mysterious creator, Satoshi Nakamoto. Tokyo was the centre of the world's largest bitcoin exchange, Mt. Gox, until that company collapsed with nearly half a billion dollars' worth of bitcoin gone missing. It might be the greatest heist in history. If it was a heist.

So what really happened? Here's the true story of the humble-to-hot commodity, from the former geek website that launched the boom to an inside world of absent-minded CEOs, hucksters, hackers, cybercrooks, drug dealers, corrupt federal agents, evangelical libertarians, and clueless techies. You'll discover Bitcoin's connection to the infamous Silk Road, learn why hell has nothing on Japan's criminal justice system, and get the lowdown on the high cost of betting with the Devil's dollars. All of this for less than the price of a single bitcoin.

ISBN:
9781761381300
9781761381300
Category:
Online finance & investing
Format:
Paperback
Publication Date:
02-09-2025
Publisher:
Scribe Publications
Country of origin:
Australia
Pages:
224
Dimensions (mm):
233x153x16mm
Weight:
0.28kg
Jake Adelstein

Jake Adelstein was a reporter for the Yomiuri Shinbun, Japan’s largest newspaper, from 1993 to 2005. From 2006 to 2007 he was the chief investigator for a US State Department–sponsored study of human trafficking in Japan.

Considered one of the foremost experts on organised crime in Japan, he works as a writer and consultant in Japan and the United States. He is also the public relations director for the Washington, DC–based Polaris Project Japan, which combats human trafficking and the exploitation of women and children in the sex trade.

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