Armstrong had a personal fortune of US$13.7bil (RM60.09bil) as recently as November and about US$8bil (RM35.09bil) at the end of March. That’s now just US$2.3bil (RM10.08bil), according to the Bloomberg Billionaires Index. — AFP
It’s been a long few weeks since the crypto crowd was partying in Miami.
Coinbase Global Inc founder Brian Armstrong had a personal fortune of US$13.7bil (RM60.09bil) as recently as November and about US$8bil (RM35.09bil) at the end of March. That’s now just US$2.3bil (RM10.08bil), according to the Bloomberg Billionaires Index, after a selloff in digital currencies from Bitcoin to Ether triggered a precipitous decline in the market value of Coinbase, the largest US cryptocurrency exchange.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
