Billionaire crypto coin

billionaire crypto coin

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The subsequent downfall of FTX also contributed to wreaking havoc on the market. Economists and investing advisors have however urged caution as crypto is seen as a highly volatile asset that can quickly lose value, and many countries have not yet regulated crypto investing and trading, or companies in the crypto space. Less than a year before that, and before the crypto market suffered a two trillion-dollar crash, Bankman-Fried was the second richest crypto billionaire on the planet, with a fortune of 24 billion U.