In Puerto Rico, tax breaks enacted in 2012 aimed to juice the financial system by encouraging mainland U.S. residents to do enterprise and dwell on the island, the place they might apply to pay nothing in capital positive aspects taxes. However the tech — and primarily crypto — entrepreneurs who confirmed up in droves to defend their wealth didn’t do a lot to enhance its fortunes, judging by current information. Some have as a substitute left a large number of unfinished enterprise of their wake, suggests the New York Instances in a brand new report that zooms in most intently on Brock Pierce, a 43-year-old former baby actor who created the at present beleaguered digital forex Tether, and whose native enterprise dealings – together with an actual property shopping for spree – have been ill-fated and short-lived.