Chad shackley bitcoin

Brock Pierce: The Hippie King of Cryptocurrency Collins-Rector was in a relationship with Chad Shackley, the third founder of DEN.
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He did so, according to two people with knowledge of the matter, in order to shield the company from bad publicity. But the worst was yet to come.

“I no longer want to be associated with these people”

According to a deposition by Pierce, he, Shackley, and Collins-Rector began to suspect that Burton was the mole in their midst. Almost everyone involved now says that Collins-Rector was mistaken and that Geffen did not pay Burton to spy for him and was not behind the leaks. I only talked to him a few times over email.

Who is Brock Pierce?

I don't remember giving him any details about DEN. Geffen never paid me and never offered to pay me for spying on anyone or giving him information on anyone. It was someone who had never met Geffen.

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Palmieri told BuzzFeed that he did not recall the emails between him and Shackley. Palmieri also said he was never at the parties where the alleged sexual misconduct occurred and never saw any such misconduct. All those denials, however, came later. Having found who they believed to be the leaker within their inner circle, Pierce swore under oath in , the former DEN executives furiously confronted Burton.

Brock Pierce

In his deposition, Pierce said that Collins-Rector wanted to protect his assets from Geffen. Collins-Rector, Pierce stated, feared that Geffen wanted to kill him. The month after the three entrepreneurs left for Spain, Burton filed a sexual-assault lawsuit in Los Angeles Superior Court alleging that Collins-Rector, Shackley, and Pierce had systematically raped and drugged him, even threatening him with a gun.

At least four other lawsuits followed in the ensuing months, all alleging sexual abuse by Collins-Rector against adolescent boys. Some of the plaintiffs were awarded default judgments because the defendants failed to respond to the allegations. Burton eventually dropped all charges against Pierce. Ryan settled, apparently without damages. Pierce told BuzzFeed that Egan's settlement went to legal fees. Pierce denied engaging in any misconduct.

Shackley does not appear to have paid any of the outstanding default judgments against him. About three months after Collins-Rector arrived in Spain, a federal grand jury in New Jersey indicted him on five counts of transporting minors across state lines for the purposes of sex. This case was later merged with a similar indictment in California, which charged Collins-Rector with additional counts of the same crime.

Neither Pierce nor Shackley was charged with a crime. Such video games, the most famous of which is World of Warcraft , are sprawling, immersive affairs where players can spend endless hours manipulating avatars through fantastical landscapes, where they scheme and battle with other characters. Players also earn digital currency, which they can use to purchase virtual goods: a new battle axe, say, or enhanced magical powers. IGE was one of the first outfits to trade in such digital wares.

IGE, in short, made imaginary gold real.

IGE grew over the next two years, eventually moving to Hong Kong. In the meantime, Collins-Rector and Laurie, the private investigator who helped him fly out of Florida, wound up on opposite sides of two lawsuits.


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On May 17, , Spanish police raided the house in Marbella. Court records show that Collins-Rector was turned in to the European authorities by an unnamed person who had done computer work for Collins-Rector and downloaded documents that were later used as evidence against him. At the Marbella house, according to a report that Business Insider's John Gorenfeld obtained from Spanish authorities, police found at least 8, images of child pornography. And I'm not sure I believe the police report at the end of the day. Initially, Shackley and Pierce were also arrested, but they were released without charges shortly thereafter.

Collins-Rector, however, began what by all accounts was the darkest period of his life. Less than three years after throwing lavish parties in a beautiful California mansion, Collins-Rector sat behind bars in a foreign country. Spanish authorities held him in detention from May until October He was tortured there , he told the attorney for his criminal case. Collins-Rector later told a person close to him that this torture included electrocution.

D.E.N: What’s Fact & What’s Fiction?

His brother, Matthew Rector, visited him in prison and then contacted the U. Collins-Rector made at least one suicide attempt during his time in Spanish custody. When Collins-Rector returned to America to stand trial in October , his time in the Spanish prison system had apparently taken a toll on his mental health. His first hearing was postponed after he appeared dazed and unwell in court, claiming that he had not been given his medication.

He then spent months in a federal psychiatric facility. Although he would later maintain his innocence , Collins-Rector pleaded guilty on June 10, , to nine counts of transporting minors across state lines for the purposes of sex. According to a person close to him, Collins-Rector accepted the plea deal to put an end to the suffering he had endured since his arrest.

He was sentenced to time served in Spain plus three years of court supervision. He quietly began to defend himself from the many civil suits against him, fighting default judgments that had been ordered during his years in Spain. In need of a job to fulfill the terms of his release, Collins-Rector founded Proteus Systems , a company that attempted to create underwater drones that could be used for anything from scientific research to prospecting for deep-sea oil reserves. In less than a year, he attracted investors, a board of directors, and the interest of defense contractors in Washington, D.

With his spotless parole record, the government filed no objections when Collins-Rector asked the court for permission to travel across the country to develop his growing company. It was during one of these business trips to New York City in February that Collins-Rector collapsed in his hotel room.

Tests revealed a tumor pressing on his brain. The court allowed him to travel to London in May to undergo surgery by an expert neurosurgeon there. After the operation, dizziness, debilitating headaches, and seizures left Collins-Rector, then 46, in need of a live-in assistant. He hired Lee Bowles, an Englishman who was 18 at the time, as a personal aide. Within months, the two became romantically involved , and in January Collins-Rector rewrote his will to include his new partner.

By this time, U. When his lawyers revealed that he and Bowles had approached a U. Collins-Rector returned to Florida on Sept. Once his time was up, he returned to Europe — and to Bowles. Collins-Rector would eventually renounce his U. In Antwerp, a diamond dealer named Marc Robeyns said that he was one of several people whom Collins-Rector befriended in Belgium in hopes they would invest in his stream of startups — and in IGE, which, Robeyns said, Collins-Rector essentially managed from Antwerp.

Robeyns, a short, middle-aged man who on a recent meeting with a BuzzFeed reporter sported blue-tinted sunglasses and blue eyeliner, said that he used to serve as the consul for diamond-rich Liberia. The Hollywood Reporter. Retrieved October 10, Retrieved January 20, Business Insider.

Retrieved 10 October USA Today. Gannett Company.


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Associated Press. June 14, Retrieved April 24, April 18, Archived from the original on April 18, Retrieved 11 October VNU Business Press. New York Post.

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