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Lost $20 billion in Crypto Crash

By TrezorMedia

The 'Crypto Bros'

Coinbase founder Brian Armstrong

Wealth of Coinbase founder Brian Armstrong and the Winklevoss twins is at risk.  Armstrong, , has seen his personal fortune shrink by $11 billion.

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Elon Musk, the founder of Tesla

is one of the billionaires whose investments have lost $20 billion in value. Tesla, which gambled $1.5 billion on Bitcoin in February, has already seen its bet fail.

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Winklevoss Twins Tyler and Cameron 

Tyler and Cameron Winklevoss are said to have lost half of their fortune, dropping from $4.5 billion to $2.2 billion.

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Crypto Currencies going down

Some of the world's cryptocurrency billionaires are having their fortunes wiped out as the value of digital currencies plummets due to concerns about the global economy.

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Michael Saylor MicroStrategy CEO

CEO of software firm MicroStrategy, is one of the world's largest Bitcoin investors, with a fortune of $2.5 billion, down from $8.5 billion six months ago.

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Galaxy Digital CEO Michael Novogratz,

Michael Novogratz, the CEO of crypto merchant bank Galaxy Digital, may have seen his fortune collapse from $8.5 billion to $2.5 billion.

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Bitcon - Cryptocurrency

Since the end of March, when it was trading at $48,000, Bitcoin, the world's most successful cryptocurrency, has lost nearly a third of its value.

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Crypto Winter, Bitcoin Meltdown

Today, digital currencies are losing value in a so-called "crypto winter" that has cost investors billions of dollars and is fueling stock market meltdown.

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Ethereum Crypto Currency

The world's second largest cryptocurrency Ethereum has joined the crash - plummeting in value by 20 per cent over the last 24 hours - in the digital downturn that is hammering investors who bought during the Covid years.

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Lost $20 billion in Crypto Crash

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