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Binance Founder CZ Loses $12B on Crypto-Trading Slump
- rekttrader 3y agoCZ is a great poker player... one never plays with someone who’s okay with losing a few hands in a long game. Don’t count him out.
- boeingUH60 3y agoHe’s slumped from bajillionaire to mere deca-billionaire…let us cry for him :(
- tibbydudeza 3y agoI wonder if the same fate as SBF will befall him - my gut feel is that this stuff it is all built on the dreams and pure faith without any underlying fundamentals as fiat money. See he is based in Dubai and is Canadian.
- rchaud 3y agoThese "billions" aren't real unless they're in a Caymans account somewhere in a currency people will actually accept, and directly within CZ's control. No one person with that much available to him can move around as silently as CZ does.