'Bitcoin's Unknown Kings': The Magazine Mystery That's Got Crypto Guessing

Published on by Coindesk | Published on

Still, that's how the crypto world has been introduced to JT Foxx and Mao Lal.

The story and the magazine cover circulated widely on crypto Twitter but mainly out of pure confusion.

Putting the crypto Twitter commentary aside for a moment, the two individuals featured on the cover of Fast Company South Africa's June Issue are actual entrepreneurs investing in the cryptocurrency industry.

JT Foxx and Mao Lal represent a company called CryptoGold.

According to available material, it's a mining company that allows individuals "To purchase shares in mining hardware without having to deal with complex hardware and software." The company is comprised of "a team of mining experts with their own mining hardware" offering services for five different cryptocurrencies.

For starters, the cover of the magazine depicts Foxx and Lal holding a mining device primarily used to secure a cryptocurrency called siacoin used on a cloud storage platform known as Sia.

The American business magazine, Fast Company, has no clear affiliation with Fast Company South Africa, but rather, has a local section on their website titled "South Africa" suggesting Fast Company South Africa is an entirely different entity.

Despite the proud sentiments voiced by Foxx himself at being featured as a crypto king, people are wondering what this "Wealth coach" actually knows about the technology.

It simply gives greater reason for all participants to remain ever-cautious of potential fraud and take this story as a lesson in engaging in crypto Twitter.

Let's just hope they use it for the greater crypto good.

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