The Devil Takes Bitcoin Cryptocurrency Crimes and the Japanese Connection
The Devil Takes Bitcoin Cryptocurrency Crimes and the Japanese Connection by Jake Adelstein, published by Scribe Publications on October 14, 2025, is a detailed exploration of the intersection between cryptocurrency and crime. This edition, comprising 224 pages, delves into the chaotic world of Bitcoin, particularly focusing on the notorious collapse of the Mt. Gox exchange in Tokyo, which resulted in nearly half a billion dollars’ worth of Bitcoin going missing. The book presents a narrative that intertwines the rise of cryptocurrency with real-world implications, showcasing the complexities and challenges that emerged from this digital financial revolution.
Readers will find a thorough account of the events surrounding Bitcoin’s evolution, including its ties to the infamous Silk Road and the various players involved, from CEOs and hackers to corrupt officials. The narrative sheds light on the ethical dilemmas and cultural nuances within Japan’s criminal justice system, providing insights into the broader implications of cryptocurrency in business and finance. The Devil Takes Bitcoin offers a unique perspective on the true crime genre, blending biography and history with a critical examination of business culture and ethics in the context of modern finance.
Official synopsis Publisher
From the author of Tokyo Vice comes the wild, true story of cyber-era commerce, crime, cold-hard cash, and one of the greatest heists in history.
Even in hell, Bitcoin talks. This modern take on an old Japanese saying still holds true. Cryptocurrency was supposed to do for money what the internet did for information, but it didn’t work out that way. Its virtual existence unleashed real-world chaos–especially in the homeland of its mysterious creator, Satoshi Nakamoto. Tokyo was the center of the world’s largest Bitcoin exchange, Mt. Gox, until that company collapsed with nearly half a billion dollars’ worth of Bitcoin gone missing. It might be the greatest heist in history. If it was a heist.
So what really happened? The Devil Takes Bitcoin tells the true story of the humble-to-hot commodity, from the former geek website that launched the boom to an inside world of absent-minded CEOs, hucksters, hackers, cybercrooks, drug dealers, corrupt federal agents, evangelical libertarians, and clueless techies. You’ll discover Bitcoin’s connection to the infamous Silk Road, learn why hell has nothing on Japan’s criminal justice system, and get the lowdown on the high cost of betting with the Devil’s dollars. All of this for less than the price of a single Bitcoin.
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