Cover of Pump & Dump

Confession 02 / Crypto

Pump & Dump

I Got Rich in Crypto. The Indictment Always Had Someone Else’s Name on It.

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FROM THE INTRODUCTION2 MIN READBOOK 02 OF 10

The file is dated January 18, 2017. Coinbase, back when the emails still looked like they had been designed by a credit union. I bought 0.625 bitcoin at eight hundred dollars. I sold it at nine hundred. The confirmation is a little green rectangle that says +$62.50. I kept the screenshot. I have moved it through four laptops and one dead hard drive I recovered with a USB dock I bought on Amazon at 1:14 in the morning because I was afraid of losing a picture of sixty-two dollars.

The dock came in a cardboard sleeve that smelled like the warehouse. I sat on the floor of a different apartment than this one, the kind with a radiator that clicked, and I cloned the drive onto a cheap SSD while a progress bar lied about remaining time the way progress bars do. I was not looking for a novel I had written. I was looking for a PNG named coinbase_gain.png, last modified a winter I can still date from the email. When the folder tree appeared I felt the particular relief of a person who has retrieved a receipt, not a fortune. I copied the file. I copied it again to a USB stick I keep in a drawer with rubber bands. I have never printed it. A print would be a claim. A screenshot is a habit.

I was twenty-nine. I wrote backend services for a company that sold inventory software to mid-market retailers. My job was to make sure that when a store in Ohio scanned a barcode, a database in Virginia agreed that the barcode existed. I was good at it in the way you are good at a thing you do not love. I wore headphones. I ate the same sandwich. I had a 401(k) I did not open. The sandwich was turkey on wheat from a place two blocks from the office that knew my order and did not ask my name. The headphones were the over-ear kind that make you look busy. The 401(k) was a number I saw once during onboarding and then treated as weather I was not dressed for.

The Ohio store had a night manager who would email when the scanner failed, which was not often, and when it did the email had the tone of a person who believed software was a person who had chosen to be difficult. I would open the logs. I would find the null. I would ship a fix and feel, for twenty minutes, like a citizen. That is the job I left, in pieces, for a tab that paid in a different currency and a different kind of silence.

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