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Police Say No Foul Play In Death of Bitcoin Exchange CEO Autumn Radtke

An anonymous reader writes with this excerpt: "The CEO of a virtual-currency exchange was found dead near her home in Singapore. A police spokesman said Thursday that initial investigations indicated there was no suspicion of 'foul play' in the Feb. 26 death, meaning officers do not suspect murder. The spokesman said police found 28-year-old Autumn Radtke, an American, lying motionless near the apartment tower where she lived. Police have so far classified the death as 'unnatural,' which can mean an accident, misadventure, or suicide." Hat tip to Jamie McCarthy for Slate's thoughtful take on Radtke's death, and the way it's been reported (notably, several sources have speculated that her death was a suicide, with little support).

17 of 126 comments (clear)

  1. Here's why they're calling it a suicide by barlevg · · Score: 4, Informative

    According to the Washington Post, "Police have so far classified the death as 'unnatural,' which can mean an accident, misadventure, or suicide," and they've taken that and combined it with "Last month she linked to an article on entrepreneurs suffering depression, commenting above the link: everything has its price." WaPo stops short of outright *saying* she committed suicide, but that's certainly the conclusion they're leading their readers to.

    1. Re:Here's why they're calling it a suicide by TheCarp · · Score: 3, Funny

      > Last month she linked to an article on entrepreneurs suffering depression

      You are missing the obvious fact that comes up if you do any searching on her.

      She was known for having launched a product, aimed specifically at Second Life. If involvement in second life isn't a marker for potential lifelong clinical depression, then I don't know what is.

      --
      "I opened my eyes, and everything went dark again"
    2. Re:Here's why they're calling it a suicide by i+kan+reed · · Score: 2

      Suicide. You can pretty much guarantee the depression lasted their entire life there.

    3. Re:Here's why they're calling it a suicide by fermion · · Score: 2

      No, they are doing for clicks. It is more irresponsibility from the like of fox news and other bottom feeders. Shame on them. I wish the family my best in their effort to get through this in the middle of all these horrible people who just want to profit off the tragedy.

      --
      "She's a scientist and a lesbian. She's not going to let it slide." Orphan Black
  2. Suicide #11 by usacoder · · Score: 2

    She's the eleventh person in the financial industry to commit suicide this year.

  3. How long would it take by Overzeetop · · Score: 5, Interesting

    How long would it take to eliminate enough bitcoins to make the currency unworkable? If many people with large amounts of BC die without revealing the location and passwords to their cold-storage wallets, a shrinking pool of tradable bitcoins would eventually render it inefficient, yes? Or will BC simply be expanded in subdividion, leading to massive deflation over time (in bitcoin value - an oz of gold = 1BC today, but maybe it would only be worth 0.01BC in ten years, or 0.00001 in a hundred, due to a smaller pool of tradable coin)

    --
    Is it just my observation, or are there way too many stupid people in the world?
    1. Re:How long would it take by JoeMerchant · · Score: 2

      The same could be said for gold - there's not really very much of it (on Earth), yet, even with billions of people to divide it amongst, it hasn't skyrocketed in value.

      I think there's a theoretical minimum division of Bitcoin (the Satoshi?), and if you lose enough Bitcoins, then that minimum division could become a problem. If you can make the Satoshi smaller in future revisions, I'd say it wouldn't really affect the currency - "lost" coins are no different from ones sitting in a bank.

      My top problem with ALL of the current crop of cryptocurrencies is the block chain - how in the hell will that ever scale to be able to process every transaction taking place in near-real time? Thousands an hour, I can see, but there are thousands of monetary transactions taking place every few minutes in a single shopping center. I'd hate to try to scale that up to what's happening in the western world, but if just the people in the U.S. do an average of one monetary transaction every 8 hours, that's over 10,000 transactions per second - average, during peak hours probably 10x that. And Bitcoin is a "global" currency...

    2. Re:How long would it take by gox · · Score: 2

      Actually, the unit of account called a Bitcoin is an arbitrary magnitude in unit value used in the network, and it is actually represented by the number 100000000. So, considering you currently have 12.5 * 10^14 units in circulation, even removing the overwhelming majority of units won't be enough. If push comes to shove, you can just update the protocol and add a variable integer coefficient.

      Whether there will be massive deflation after stability, or whether there will be any stability remains to be seen, but until then, considering the huge volatility the current market endures (more than 10x price increase two years in a row), even removing half of the money supply overnight probably wouldn't make a huge difference. Besides, deflation depends on people wanting to hold the currency, and if shrinking money supply (or any other thing really) became a problem, I imagine people wouldn't want to hold it.

    3. Re:How long would it take by medv4380 · · Score: 4, Insightful

      It would require the protocol to be rewritten. If such a thing is ever done it will give undisputed proof the bit-coin is inflationary whenever it will benefit a majority of the miners.

    4. Re:How long would it take by Overzeetop · · Score: 3, Informative

      It wasn't "destroyed" in the physical or electronic sense. However, if you were to lose your cold-storage wallet (and it ended up at the bottom of a landfill), or you were to die, with your wallet encryption password only in your head, those BTC would still exist but would never be available for trading. They may as well be destroyed, since they can never, ever re-enter circulation, baring someone unlocking the encryption (which BTC has been designed to prevent).

      --
      Is it just my observation, or are there way too many stupid people in the world?
  4. Suspicious Death of Shane Todd In Singapore by Kevoco · · Score: 2, Interesting

    "The Todd family's suspicions of foul play stemmed from various pieces of circumstantial evidence. For instance, they alleged that police had failed to properly investigate the scene of the crime, that the police neglected to dust for fingerprints, that the suicide notes ostensibly left by Dr Todd were out of character, that the crime scene did not match the description given by authorities, and that a pathologist in the United States found that his body showed evidence of a struggle, rather than a suicide."

    Death of Shane Todd

    Justice 4 Shane Todd

  5. Hope it's not a Black Tuesday Precursor by medv4380 · · Score: 2

    The real story is that there have been an unusually high number of Banker, and Financial sector deaths. Ether suicides, or suspected suicides. This is the only one I know of that officially connected to bitcoin, but the nature of bitcoin hides it well enough that it would require an investigation to prove the others were into bitcoin as well. Which probably isn't even being looked into after their death. I hate bitcoins and 'coiners, but I hope this isn't a sign of Black Tuesday window jumping. I want bitcoin to be a lesson learned, and move on. Not a kill yourself so you can't warn the next group of just how stupid they're being.

  6. why the press don't generally report suicide by SuperBanana · · Score: 4, Informative

    WaPo stops short of outright *saying* she committed suicide, but that's certainly the conclusion they're leading their readers to.

    There's a reason the press shies away from it. Mental health organizations have guidelines and recommendations on how to report responsibly on suicides.

    The absolute worst is reporting on the contents of, or even mentioning, a note, because then people who are on the edge / suicidal think "Ah, I can get my letter published too!"

    This sounds absurd, but it's well demonstrated that suicides are "infectious", and reports in the media about a suicide can cause others who are close to do it themselves. It's one of the reasons, after a suicide in a school/workplace/community, you see an immediate effort made to make resources available to everyone else.

    1. Re:why the press don't generally report suicide by taiwanjohn · · Score: 2

      I spent some time as a copy editor in a newspaper, and I was never given any instructions about how to report suicides. Given the scope and market of that rag, we seldom covered suicides anyway, so it wasn't much of an issue. But we did at least try to handle such things tactfully.

      This was all 10~15 years ago, so a lot has changed since then, but I reckon most people in the business still want to "do the right thing" as much as possible.

      --
      XML is like violence. If it doesn't solve your problem, you're not using enough of it. --AC
  7. Re:THIS time EVERYTHING is DIFFERENT! by Immerman · · Score: 2

    Why would the bankers jump from windows in 2008? They just managed to scalp the nation and get away with it. Except for those in Iceland where they ended up convicted of treason, apparently there are places where the justice system can work despite the wealth of the accused.

    --
    --- Most topics have many sides worth arguing, allow me to take one opposite you.
  8. Comment removed by account_deleted · · Score: 2

    Comment removed based on user account deletion

  9. Re:true but not applicable by Your.Master · · Score: 2

    wrong...this is probably a cover-up

    On what do you base that? People die all the time. Even rich people. Everything you've said leads to "possibly" foul play, not "probably" foul play.

    the police report was **completely inconclusive**

    "no suspicion of 'foul play'" is a conclusion.

    the context of the killing, namely the BTC armageddon, along with other factors leads to a rational suspicion of foul play

    That also leads to rational suspicious of suicide. Why would somebody attack this person, of all people, due to BTC armageddon?

    Generally --

    Yes, conspiracies sometimes happen
    Most things that happen aren't a conspiracy, even if somebody somewhere would have a motivation
    Things that are conspiracies aren't any more successful than things that aren't (in other words, as rare as conspiracies are, most of them fail and some even shoot themselves in the foot)
    Somebody always has a motivation against a CEO

    To make a convincing conspiracy play, you need to know:

    Who would benefit from a coverup
    How hard would a coverup be
    Who has the resources to perform a coverup

    Coverup is basically never a good first guess. Even when it is a coverup. Kind of like if you see a rich person spending money, "lottery winner" isn't a good first guess, even if you get lucky.