Early Bitcoin Adopter Calls for Multi-Sig Solutions After 750 BTC Theft

Early Bitcoin Adopter Calls for Multi-Sig Solutions After 750 BTC Theft

An early bitcoin adopter has made a plea for bitcoin consumers to migrate to more secure bitcoin storage systems after having 750 BTC (about $280,000 at press time) stolen from him while on vacation. Bitcoin entrepreneur Leo Treasure told CoinDesk his misfortune should serve as a cautionary tale for everyone. Whether they store bitcoins online, on hard drives or in cold storage, he implored users to switch to more secure multi-signature ('multi-sig') wallets as soon as possible. Though he holds little hope of ever recovering his bitcoins and isn't expecting the authorities to help, he is....


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