From Bitcoin Scandal to Cybersecurity: Commissioner Matt Devaney Lands Shocking New Job

Matt Devaney is officially back in the workforce. The longtime COACOWTB commissioner has joined Airlock Digital as a Sales Development Representative, ending an extended stretch of unemployment and completing one of the more unlikely professional comebacks in recent league history. The move also places Devaney in the cybersecurity industry—an interesting destination for a commissioner still facing questions about his own handling of digital assets. Last year, Devaney became the center of what is now known as the Bitcoin Scandal after investing the league’s prize pool in Bitcoin without receiving approval from its members. According to league sources, Devaney planned to keep any potential profits from the investment. When Bitcoin declined below his purchase price and FaZe ObamaPhone attempted to collect its winnings, payment was delayed because the commissioner did not want to sell at a loss. The incident created concerns about transparency, misuse of league funds and Devaney’s continued control over the league’s ESPN account. Despite calls for him to surrender access, Devaney retained commissioner authority and survived the most serious challenge of his tenure. One year later, he will now help companies protect their digital assets. “You really can’t make it up,” one league member said. “The guy who put our entire prize pool into Bitcoin without asking anybody now works in cybersecurity.” Airlock Digital’s hiring process reportedly focused on Devaney’s sales experience and communication skills. It remains unclear whether the company contacted FaZe ObamaPhone as a reference. The new position represents a major step forward for Devaney, who remained unsigned for an extended period before securing his opportunity with Airlock Digital. Sources close to the commissioner say he is excited to begin the next chapter of his career and prove that the events of last season no longer define him. Still, the Bitcoin Scandal remains part of his complicated legacy. Devaney may have found a new employer, but around COACOWTB, trust is recovered much more slowly than a cryptocurrency portfolio. For now, the commissioner is employed, the league remains under his control and its members are strongly recommending that future dues be stored somewhere other than his digital wallet.