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Podcast Episode

The 17 Year-oId Who Lost $6.5B in Bitcoin | Pete Rizzo

Bitcoin Archive w Archie··3 October 2026·33 min

About this episode

A teenager built Bitcoinica, one of the first Bitcoin margin exchanges, only to see it collapse after massive hacks and the loss of tens of thousands of BTC. Archie and The Bitcoin Historian, Pete Rizzo, explains how Bitcoinica pioneered Bitcoin derivatives, the mysterious investors and developers who became involved, and how the fallout helped shape the more mature exchanges we use today. CONNECT WITH PETE RIZZOX: https://x.com/pete_rizzo_Website: https://t.co/fS0v8Mpr2X FOLLOW THE PODCAST🍏 APPLE - https://bit.ly/BitcoinArchiveAP📺 YOUTUBE - https://bit.ly/BitcoinArchiveY 🌳 AMAZON - https://bit.ly/BitcoinArchiveAM CONNECT WITH ARCHIEInstagram: https://bit.ly/BitcoinArchiveIG X/Twitter: https://bit.ly/BitcoinArchiveX