Crypto Market Movers

Story: Whatever Happened to the Bitcoin and Ethereum Sweater Guys?

By Julie Binoche

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Fortier: From Sweater Star to DeFi Pioneer. Frédéric Fortier has stayed deeply embedded in the crypto ecosystem.

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Baril: Building the Future of On-Chain Analytics. Meanwhile, Mathieu Baril has also carved out a notable path in crypto.

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A Time Capsule of Crypto’s Wild Ride. The sweater photo remains a cultural artifact of crypto’s early mainstream moment.

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In December 2017, a photo taken at a San Francisco Bitcoin Meetup holiday party captured the optimism of crypto’s first major bull run.

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But shortly after the photo went viral, the crypto market experienced one of its most dramatic downturns.

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As the market faded, so did the public presence of the now-famous sweater guys. While the image resurfaced occasionally on social media platforms like X (formerly Twitter),…

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However, new findings suggest the truth is far more impressive—and far less dramatic.

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Frédéric Fortier has stayed deeply embedded in the crypto ecosystem. According to profiles on Crunchbase and LinkedIn, he is currently a co-founder and lead contributor at…

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Fortier previously worked at Enigma, a privacy-focused protocol on Ethereum, where he played a key role in launching Catalyst, one of the earliest algorithmic trading platforms…

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Meanwhile, Mathieu Baril has also carved out a notable path in crypto. He now leads Octav, a startup that specializes in on-chain analytics.

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Baril’s move into analytics aligns with the maturing nature of the industry, where transparency, data-driven insights, and compliance tools have become more critical than ever.

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The sweater photo remains a cultural artifact of crypto’s early mainstream moment. At the time, it captured both the optimism and naivety of an industry still finding its footing.

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Far from disappearing or cashing out, Fortier and Baril have evolved from symbols of speculative mania into legitimate contributors to the decentralized future they once…

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As the next generation of crypto builders emerges, the story of the sweater guys is proof that beneath the surface of hype, there are real people driving innovation.

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