“I’m Paul Vernon — Big Vern — of Cryptsy,” said the CEO, whose company was an online marketplace where users could trade their Bitcoins — a virtual form of money — for a growing number of digital imitators with names like Litecoin and Darkcoin.
Business was booming. In barely a year, Cryptsy had amassed 250,000 users trading millions of dollars, and Vernon was flying cross-country to speak at conferences from New York to San Francisco. His firm had outgrown its first office and moved its dozen or so employees into this Mediterranean-style building. Soon, Vernon himself would upgrade to a million-dollar Delray Beach mansion.