Brock Pierce, a cryptocurrency entrepreneur, arrived in Puerto Rico in 2017 promising a cryptocurrency-fueled economic revival. However, his grand vision has been marred by legal battles and disputes with business partners.
In 2022, Pierce enjoyed showing off his lavish new acquisition, a $15 million beachfront resort in Vieques. The once-glittering W Hotel was a vital source of tourism jobs, but Hurricane Maria shuttered it in 2017. The crypto-rich Pierce envisioned a grand reopening, revitalizing both the resort and the local economy.
However, the story takes a different turn. Pierce, a former child actor, seems to have traded the limelight for courtroom drama. Legal battles now cloud his once-promising vision.