The body of 28-year-old American, Autumn Radtke was found on Feb. 28 in her Singapore apartment. Ms. Radtke is a native of Wisconsin and lived in Singapore since 2012.
Singapore police are waiting for toxicology reports before officially announcing a cause of death for the bitcoin firm CEO. Local reporters are labeling her death a suicide.
Before becoming CEO of the bitcoin exchange firm First Meta, Ms. Radtke worked as a freelancer with Apple and other Silicon Valley firms in developing a digital payment system. Ms. Radtke began her tech career just six years earlier, at age 22, working for billionaire Richard Branson at Virgin Charter.
Her death follows the collapse of the Mt Gox bitcoin exchange based in Tokyo, Japan after this bitcoin exchange announced that about 850,000 bitcoins (worth more than 500 million dollars) are missing and probably stolen, according to a TechCrunch report.
Bitcoin is a digital currency and exchanges like First Meta, which Autumn Radtke was CEO of, are places where bitcoin can be bought or sold. One bitcoin is worth about $670.00.
Since bitcoin was created in 2009, the digital currency has become popular with both tech enthusiasts and criminals because—unlike American dollars for example—bitcoin is not controlled by a government or any banks. People can buy and sell goods and services without third-party transactions, like Paypal. This lack of oversight or consumer protection is also what makes bitcoin so risky.
Bitcoin trading has been linked to money laundering, drug trafficking and other illegal activities.
The report identifying the cause of the bitcoin CEO's death is expected in two weeks.