Brock Pierce is an American entrepreneur and former actor. He was an independent candidate in the 2020 U.S. presidential election. Pierce was co-founder of the cryptocurrency Tether with Reeve Collins and Craig Sellars in 2014. Pierce has appeared in Disney films The Mighty Ducks, D2: The Mighty ducks, and First Kid.
About Brock Pierce in brief
Brock Pierce is an American entrepreneur and former actor. He was an independent candidate in the 2020 U.S. presidential election. Pierce was co-founder of the cryptocurrency Tether with Reeve Collins and Craig Sellars in 2014. In a February 2018 issue of Forbes magazine Pierce was named in the \”top 20 wealthiest people in crypto\” with an estimated net worth between USD 700 million and USD 1. 1 billion. Pierce’s role at Block one had changed to chief strategy officer and he resigned from the company in 2001 to pursue building a community that built Tether. Pierce is a member of the board of directors of the Bitcoin Foundation, which announced its insolvency in July 2015. Pierce and a group of investors filed an offer to purchase the assets of Mt Gox using a Cypriot entity called Sunlot Holdings Ltd. In March 2020, Pierce said his involvement in Tether would end after the General of New York allowed the court to pursue a claim that Bitfinex, an affiliated exchange, did not disclose the loss of funds of its funds to the general public. Pierce has also been a technical consultant for an episode of Silicon Valley.
He has appeared in Disney films The Mighty Ducks, D2: The Mighty ducks, and First Kid. Pierce had small roles in Little Big League, Ripper Man, Problem Child 3: Junior in Love, Three Wishes, Earth Minus Zero, and The Ride. Pierce retired from acting at 17 and joined as a minor partner with Marc Collins-Rector and Chad Schackley in establishing Digital Entertainment Network, which succeeded in raising USD 88 million in venture capital. The company was slated for a US$75 million IPO in October 1999, but the IPO was withdrawn in the wake of allegations of sexual assault against Collins- Rector. In 2000, three former DEN employees filed a lawsuit against the founder of DEN, and named Pierce as a defendant, alleging that they provided the plaintiffs with drugs and pressured them for sex when Pierce and one of the plaintiffs were still teenagers. None of the accusations against Pierce has ever been corroborated, and the primary plaintiff has been convicted of fraud and has admitted to filing false lawsuits in other sexual abuse cases.
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This page is based on the article Brock Pierce published in Wikipedia (as of Dec. 06, 2020) and was automatically summarized using artificial intelligence.
