From the ‘Forbes’ list to the abyss: The end of the line for three cryptocurrency visionaries - News Summed Up

From the ‘Forbes’ list to the abyss: The end of the line for three cryptocurrency visionaries


The specialized portal Coindesk awards the title of most influential man in the crypto world to Sam Bankman-Fried (SBF), the Californian who leads the FTX trading platform. The Canadian CZ wasn’t far behind him, with Forbes estimating his worth at around $15 billion. In 2021, TerraLuna’s valuations were making those who bought the cryptocurrency mountains of money, fueling Kwon’s reputation as a visionary genius. The users haven’t recovered their money, while SBF is awaiting the outcome of his trial at Brooklyn’s Metropolitan Detention Center in New York. Changpeng Zhao — former CEO of Binance, the world's largest cryptocurrency exchange — leaves a Seattle courthouse on November 21, 2023.


Source: Forbes December 11, 2023 15:27 UTC



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