Beyond the Code
E79: Jake Adelstein: The Devil Takes Bitcoin — Mt. Gox, Silk Road & Japan's [In]justice System
08 Sep 2025
In this episode, investigative journalist Jake Adelstein (Tokyo Vice) joins Yitzy to discuss his newly published book, The Devil Takes Bitcoin, a front-row narrative of the Mt. Gox collapse, where ~850k bitcoin went missing, and the cast of characters that shaped crypto’s formative years—from exchange founder Mark Karpelès to law-enforcement sleuths and the corrupt agents who derailed the Silk Road case. We trace Jake’s path from police beat reporting in Japan to human-trafficking investigations, dig into what Jake refers to as Japan's “hostage justice” system, and debate regulation vs. libertarian ideals in crypto. Enjoy!Links: Substack: Tokyo Paladin (Jake’s essays and investigations): https://tokyopaladin.substack.com/Wikipedia overview (bio, books, and TV adaptation of Tokyo Vice): https://en.wikipedia.org/wiki/Jake_AdelsteinBook: https://www.amazon.com/Devil-Takes-Bitcoin-Cryptocurrency-Connection/dp/1964992176X (Twitter): https://x.com/jakeadelsteinLinkedIn: https://www.linkedin.com/in/jakeadelstein/
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