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CASE 295  |  John Forsyth  |  May 21, 2023  |  USA
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DATABASE RECORD
  id                  295
  date                May 21, 2023
  original_date       February, 2022
  year                2023
  month               2
  quarter             2023-Q2
  victim              John Forsyth
  location            Missouri
  country             USA
  scenario            Kidnapping
  description         Founder of Onfocoin found shot dead in a lake in Arkansas. Circumstances are unclear. Personal belongings were found in this car.
  kidnappings         1
  violence_torture    1
  drugs_alcohol       0
  weapons             1
  theft               1
  life_taken          1
  money_wanted        (null)
  coin_type           (null)
  reports             Cointelegraph
  notes               victim killed, repeated kidnapping, didn't tell family
  has_processed_date  0
  created_at          2025-11-14 09:05:23
  (flag legend: 'kidnappings' is the DETENTION flag — 1 when the victim was held against
   their will at any point, tied, locked in, held at gunpoint or taken away; it is NOT the
   same as the 'Kidnapping' scenario, which means taken away and held. See README, Definitions.)

AI SUMMARY  [generated at bulk import, NOT verified against sources]
  **Victim:** John Forsyth
  
  **Attackers:** Unknown number of perpetrators
  
  **Attack Method:** Possible kidnapping, his brother and co-founder believed this could be linked to John's February 2022 first kidnapping.
  
  **Violence Used:** Murder/homicide, the body was found in Beaver Lake
  
  **Crypto Stolen:** Amount not disclosed
  
  **Status:** Victim deceased; investigation ongoing

LINKED SOURCES
  [url]  https://cointelegraph.com/news/bitcoin-millionaire-onfo-coin-creator-dead
  [url_2]  https://decrypt.co/143059/bitcoin-millionaire-found-dead-a-week-after-going-missing
  [url_3]  https://www.forbes.com/sites/lukefitzpatrick/2020/04/27/bitcoin-halving-a-new-class-of-bitcoin-millionaires-may-emerge/#786e087961fc
  [url_4]  https://www.dailymail.co.uk/news/article-12145317/Missouri-doctor-shot-dead-Ozarks-lake-previously-kidnapped-claims-brother.html

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  Source     cointelegraph.com
  URL        https://cointelegraph.com/news/bitcoin-millionaire-onfo-coin-creator-dead
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ORIGINAL (unknown, verbatim as retrieved)

Missing ‘Bitcoin Millionaire’ and ONFO coin co-creator found dead: Report

The body of Dr. John Forsyth has been found following a week-long search but police reportedly said foul play did not appear to be a factor.

The co-founder of referral-based crypto project ONFO coin has been found dead from an apparent gunshot wound about a week after he went missing, although police don’t currently suspect foul play.

Dr. John Forsyth, a crypto advocate and emergency room doctor, was reported missing by relatives after not showing up to his shift at the Mercy Hospital in Cassville, Missouri, on May 21. His family launched an appeal on his whereabouts on social media soon after.

Speaking to the Daily Beast at the time, his younger brother, Richard Forsyth, said that John Forsyth wouldn’t miss a shift, so it was “an immediate red flag.”

Authorities found Forsyth’s sedan parked less than a mile away from the hospital on May 28.

Beaver Lake in northwest Arkansas, Dr. John Forsyth. Source: Google Maps/Cassville Police Department

Forsyth’s wallet, passport, laptop, and work briefcase were found inside the unlocked vehicle. His brother added, “his cell phones were inside, which is also very uncharacteristic because he always has his cell phone.”

“It doesn’t seem like a person who left with a plan,” Richard Forsyth told the Associated Press on May 30.

However, John Forsyth’s body was found on May 30, about an hour south of where he was last seen, suffering from an apparent gunshot wound. Local police said foul play does not appear to be a factor.

The 49-year-old founded ONFO coin with his brother Richard in 2020. The crypto project purportedly allows users to earn coins by referring others to the platform, a term it calls “network mining”.

ONFO has promoted itself by depicting the demise of the U.S. dollar through videos such as “THE U S DOLLAR IS DOOMED," a video that was posted to YouTube in 2021. There haven’t been any new videos posted in a year, though.

In 2020, Forbes labeled John Forsyth a “Bitcoin millionaire” who was studying mathematics as an undergraduate and who was exposed early to Bitcoin (BTC) and blockchain technology.

Forsyth joins a list of crypto advocates and founders that have died under mysterious circumstances.

In April, the creator of Cash App and the former technology chief at Square, Bob Lee, was killed in a stabbing attack. Authorities made an arrest on April 13 but did not comment on the motive of the attack.

Magazine: ‘Moral responsibility’ — Can blockchain really improve trust in AI?

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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  Source     decrypt.co
  URL        https://decrypt.co/143059/bitcoin-millionaire-found-dead-a-week-after-going-missing
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ORIGINAL (unknown, verbatim as retrieved)

'Bitcoin Millionaire' Found Dead a Week After Going Missing - Decrypt

An ER doctor and crypto entrepreneur has been found dead in Arkansas—more than a week after he went missing in Missouri.

Dr. John Forsyth was the founder of Onfo, which promised to offer users decentralized cryptocurrency that could be earned through network mining.

And back in 2020, a Forbes profile named him as a "Bitcoin millionaire" who had found fortune as an early adopter during his math degree—holding on to his crypto through multiple halvings.

Dr. Forsyth's day job was working in the emergency room of Mercy Hospital in Cassville, Mo., but loved ones raised the alarm after he had failed to turn up for a shift on May 21.

His younger brother Richard—who was also involved in Onfo—told The Daily Beast: "He wouldn't miss a shift even if his eyeballs were hanging out of their sockets. It was an immediate red flag."

Fears grew for the welfare of the 49-year-old, a father of seven, when his wallet, passport, and briefcase were found in his unlocked car near a 90-acre aquatic park. Dr. Forsyth's cell phones were also abandoned inside an RV he often parked outside the hospital so he could be close to his patients.

Searches by law enforcement had spanned a nine-mile radius—with loved ones desperately appealing for information on his whereabouts.

"My brother has now been missing for a week. I'm grieving, I'm afraid, and it feels like the world has tipped into sheer chaos," his sister Tiffany Andelin Forsyth wrote on Facebook on Monday. "I'm so afraid he's just gone. Please don't let this be how this ends. The hole that will leave in my life will be empty forever."

Dr. Forsyth's brother said his divorce had recently been finalized and he was newly engaged. On Facebook, his fiancée described him as the love of her life.

Richard added that—while he and his brother had "made some enemies" in the crypto space—nothing had seemed unusual in the run-up to his disappearance.

Local media has reported that Forsyth's body was discovered with an apparent gunshot wound in a lake in northwest Arkansas. The police are yet to provide further details on the circumstances surrounding Dr. Forsyth's death—but say foul play does not appear to be a factor.

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

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  Source     forbes.com
  URL        https://www.forbes.com/sites/lukefitzpatrick/2020/04/27/bitcoin-halving-a-new-class-of-bitcoin-millionaires-may-emerge/#786e087961fc
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ORIGINAL (unknown, verbatim as retrieved)

Bitcoin Halving: A New Class Of Bitcoin Millionaires May Emerge

Forbes contributors publish independent expert analyses and insights.

I cover blockchain trends and cryptocurrencies.

Apr 27, 2020, 02:46am EDTJul 30, 2020, 11:15pm EDT

Crypto investors and hodlers alike are sitting on the edge of their seats, waiting to see what unfolds with the highly anticipated bitcoin halving event that is scheduled to take place mid-May.

Since bitcoin’s inception in 2009, the halving (also known as halvening), is an event that takes place roughly every 4 years. During the halving, block rewards are cut in half, which in turn, limits the supply of bitcoins.

Michael Dubrovsky, cofounder of the mining company PoWx puts sheds light as to how the bitcoin halving impacts price, “The theory is that there will be less bitcoin available to buy if miners have less to sell.” So, from a supply-demand perspective:

If bitcoin supply decreases and the demand for bitcoin stays the same, then the price of bitcoin will increase.

If bitcoin supply decreases and the demand for bitcoin increases (ie. Institutional investors, millennials, or boomers, etc. looking to capitalize on the hype increases), then the price of bitcoin will see a significant increase in price.

To date, there have only been 2 bitcoin halvings. From a historical perspective, during previous bitcoin halvings, each time the price of bitcoin has reached all-time new highs:

On November 28th, 2012, the first bitcoin halving occurred, which saw the price of bitcoin increase from $11 to $1,000 around a year later.

During July 2016, the second halving took place and the price of bitcoin was trading at around $700, and in 2017, the price skyrocketed to $20,000.

The third bitcoin halving, which is scheduled to take place in May 2020 has seen some lofty predictions on bitcoin prices. Billionaire bitcoin bull Tim Draper believes that the price of one bitcoin could rise to $250,000; Buffett’s Books founder Preston Pysh thinks that bitcoin could skyrocket to $300,000 after the halving; former Goldman SachsGS hedge fund manager Raoul Pal predicts that the price of bitcoin to hit $1,000,000 within 3 years; and Silk Road founder Ross Ulbricht predicted that it could hit an astronomical price of $333,000,000 per bitcoin.

More bitcoin millionaires may materialize

During the previous 2 bitcoin halvings, countless millionaires were created. J.R. Forsyth, the founder of Onfo was one of them. He was studying mathematics as an undergraduate and was exposed to bitcoin and digital ledger technology.

Forsyth says, “It became obvious to me that math-based currencies (like bitcoin) would eventually supplant sovereign notes. I mined bitcoin and litecoin very early on and held onto them. The massive appreciation of those assets allowed me to invest in other cryptocurrency technology which ultimately led to the development of Onfo, a platform that helps people earn money through network mining.”

Or take Alan Glanse, charity founder and CEO of the cannabis business JuicyFields for instance. During his Wall Street days, he bought 100 bitcoins from a colleague that urgently needed money in 2012. Then, he forgot about his bitcoin. It wasn’t until the parabolic price highs of 2017’s second bitcoin halving, that he realized that he had become an instant millionaire.

Glanse believes that the stimulus package will only strengthen the US economy and substantial market growth can be witnessed 2-3 months after the bitcoin halving event.

The Fed’s balance sheet is expected to exceed $6.5 trillion this year, with never seen before levels of money printing. In retrospect, that represents an increase of more than $2 trillion in under 6 weeks.

Todd Crossland, CEO of CoinZoom says that “While I applaud and support the government in taking the most aggressive measures in providing stimulus for the economy, just the magnitude of the stimulus and printing of dollars, and the accompanying debt gives me a reason to pause. The stimulus will come with inflation and subsequently pressure on the value of the dollar. In my opinion, this paints another bull case for bitcoin and digital assets.”

Right now, the world is undergoing a major financial shift. During the black swan stock market crash of March 2020, investors dropped stocks for cash, resulting in a liquidity crunch. The price of bitcoin and other digital crypto assets took a temporary nosedive. Since then, bitcoin has fully recovered, along with most other crypto assets. That said, if the Fed’s stimulus plan results in deflation, then followed shortly after by hyperinflation, this could paint a very bullish scenario for bitcoin.

Billionaire investor and founder of Bridgewater Associates, Ray Dalio, believes that in the near future, there could be a massive shift of wealth. Many in the crypto community have taken this to imply that cryptocurrencies like bitcoin are the solution to which Dalio speaks of. If that’s the case, then a new class of millionaires may emerge from the severe crisis that is gripping the world’s economy.

Dalio says, “Governments that have the power to do so are printing money to help ease the debt burdens and help finance the expenses that are denominated in their own currencies, which will weaken their own currencies and raise their levels of monetary inflation to offset the deflation that is coming from reduced demand and forced asset sales that are happening as those that are stretched have to raise cash.”

Dalio is a firm believer that wealth cannot simply be created by producing more money and credit and that the long-term debt cycle is coming to its end. Dalio suspects that a restructuring of the monetary system is imminent. With countries like Venezuela, Lebanon, and the Bahamas exchanging local currencies for bitcoin, then Dalio may indeed be correct. If that is the case, then the third bitcoin halving could be a major catalyst for monetary change, resulting in a generation of new crypto millionaires.

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  Source     dailymail.co.uk
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ORIGINAL (unknown, verbatim as retrieved)

Missouri doctor found shot dead in Ozarks lake was previously kidnapped, claims brother | Daily Mail Online

The brother of a Missouri doctor who was found shot dead in an Ozarks lake this week has said he was the victim of a mysterious prior kidnapping attempt that may have been 'crypto related'.

Dr. John Forsyth, 49, was found dead with a gunshot wound in Beaver Lake in northeast Arkansas on Tuesday, nine days after he was last seen alive leaving work at a hospital in Cassville, Missouri, police said.

In a terse statement, the Benton County Sheriff's Department did not say where upon Forsyth's body the gunshot wound was located, or whether it appeared to be self-inflicted, leaving many unanswered questions in the case.

Forsyth, a father of eight, had just finalized a divorce from his wife on May 11, and proposed marriage to his new fiancée three days before he was last seen alive on May 21.

In an unusual twist, Forsyth's brother Richard told DailyMail.com that a little over a year ago, the doctor was kidnapped and threatened by unidentified individuals.

Dr. John Forsyth, 49, was found dead of a gunshot wound in Beaver Lake in northeast Arkansas on Tuesday, nine days after he was last seen alive leaving work at a hospital in Missouri

Forsyth's body was discovered about 20 miles away from the town where he was last seen alive, and where his car was found unlocked and abandoned

Richard, who founded the crypto firm OnFo with his brother, said in a brief phone interview that in February 2022, John Forsyth was kidnapped and then released, but never filed a police report.

Richard said he first learned about the kidnapping through a mutual friend, who only came forward to describe the incident to the family after John went missing earlier this month.

The brother said he believed the kidnapping was 'crypto related' but that he did not know anything else about the perpetrators from the account of the mutual friend, who wished to remain anonymous due to ongoing safety concerns.

Richard cautioned that there was no evidence yet linking the 2022 incident with John's death, but added: 'It stands out very stark in the tableaux of facts that have emerged about the case.'

'It was cold. He was zip-tied. He was made to feel very unsafe and taken on a car ride with some people to a bridge and was threatened,' Richard told Fox News Digital, which first reported the alleged kidnapping.

'He did not file a police report because he believed he was in continued danger,' the brother added.

Messages left with the Benton County Sheriff's Office and the Missouri State Highway Patrol were not immediately returned.

Authorities said Wednesday that they're still investigating what happened in the week between Forsyth's disappearance and the discovery of his body.

No further information would immediately be available, authorities said.

A kayaker found Forsyth's body on Tuesday afternoon in Beaver Lake, a large reservoir in Arkansas, the Benton County Sheriff's Office said.

Forsyth was last seen alive early on May 21, as he was leaving Mercy Cassville Hospital, where he worked in the ER. He was reported missing later the same day

The doctor's unlocked car was found at this dump site near a park in Cassville, the town in the Missouri Ozarks where he worked, with his wallet, two phones, a laptop and other items inside

A kayaker found Forsyth's body on Tuesday afternoon near this area of Beaver Lake, a large reservoir in Arkansas, the Benton County Sheriff's Office said

The body was found near the bank across from the Lost Bridge South area of Beaver Lake, which is about 20 miles south of Cassville, police said.

Forsyth was last seen alive early on May 21, as he was leaving Mercy Cassville Hospital, where he worked in the ER. He was reported missing later the same day when he failed to show up for a shift.

The doctor's unlocked car was found near an aquatic park in Cassville, the town in the Missouri Ozarks where he worked, with his wallet, two phones, a laptop and other items inside, his brother Richard Forsyth said in an Associated Press interview.

Police told the family there were no signs of foul play around the car, a black Infiniti sedan.

Forsyth stayed in a luxury RV near the hospital when he was on-call, and a search of the camper revealed that it was unlocked, with two cell phones left inside, which Richard told the Daily Beast was 'very uncharacteristic'.

'It doesn't seem like a person who left with a plan,' Richard said on Tuesday, before his brother's body was discovered.

Richard also told the outlet that security footage showed his brother's Infiniti pulling into the aquatic park, when a white SUV arrives and parks near him.

'It leaves a few minutes later and [John] is seen walking around maybe 10 to 15 minutes after that,' Richard said cops told him. 'And then he walks away from his car.'

Dr. John Forsyth (pictured), who vanished in Missouri just three days after proposing to his girlfriend, has been found dead in Arkansas

The last person to hear from John (pictured), who launched a cryptocurrency with his brother, is thought to have been his fiancée

After the doctor's abandoned vehicle was found, several law enforcement agencies searched about a nine-mile radius around the aquatic park using people, dogs and drones.

Forsyth's family also set up a Facebook page in a desperate search for any information.

'My brother has now been missing for week,' his sister, Tiffany Andelin, wrote Monday. 'I´m grieving, I'm afraid, and it feels like the world has tipped into sheer chaos.'

The last known person who communicated with John Forsyth was the woman he'd recently gotten engaged to, who texted with him at around 7am on May 21, his brother told the AP.

The last time the two brothers met in person was at dinner on Wednesday, May 17.

'I told him this is the happiest I'd seen him in a long time. His divorce was final May 11, and I think that gave him energy for the future,' Richard Forsyth said.

John Forsyth had worked at Mercy Hospital for about 15 years, his brother said, describing him as a doting father, part-time math nerd and dedicated physician.

'He really cared about his patients,' Richard Forsyth said. 'And he loved his kids.'

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generated from attacks-export-Gart-website.json + reported_K&R  |  case 295
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