Category: Millionaire

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RFK Jr on China and Global Economic Battles; 88,200 Millionaires Got Rich With Crypto, Says Report — Week in Review

The first full week of September is in the bag, and there’s nary a shortage of crypto and economic news from across the globe. In this edition of the Bitcoin.com News Week in Review, RFK Jr. says China doesn’t want a war, but the government wants to “bury” the United States economically. In other news,…
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Can 1 BTC Make You a Millionaire? Here’s What You Need to Know

Could owning one Bitcoin (BTC) make you a millionaire? According to prominent figures in the crypto space like Ark Invest’s CEO Cathie Wood and MicroStrategy executive chairman (and former CEO) Michael Saylor, yes. In a report released by Ark Invest earlier this year, Cathie Wood and co. predicted that Bitcoin could hit a price of…
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FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his…
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Wintermute is Now One of the Biggest Market Makers in Crypto and Has Birthed 36 Millionaires

Wintermute, a leading global crypto market maker, has paid its 36 British staff a total of $83 million in 2021, suggesting that the crypto company gave birth to 36 new millionaires.  According to its newly filed annual report, Wintermute paid its 36 UK staff $83 million in 2021, meaning the firm had an average payout of $2.3…
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Bitcoin Ain’t What It Used To Be, Pioneer Investor Says

Young Bitcoin millionaire Erik Finman said Bitcoin has changed since 2011, and not in a good way. A millionaire by age 18, early Bitcoin (BTC) investor Erik Finman said the environment around Bitcoin has significantly changed since 2011 — and not for the better.  “It just ain’t what it used to be,” Finman told Cointelegraph…
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