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5 Billionaires Who Suffered The Most Loss In The Crypto Money Market In 2022!

5 Billionaires Who Suffered The Most Loss In The Crypto Money Market In 2022!

The crashes in the cryptocurrency market this year have resulted in high losses for billionaires. German statistics company Statis has identified the 5 crypto billionaires who suffered the most financial losses in the crypto money industry for 2022. The total losses of these billionaires exceed $100 billion.

2022 has been a tough financial year for crypto billionaires

In particular, the bankruptcy process of FTX, one of the world’s largest cryptocurrency exchanges, in the USA adversely affected the sector.

In the market of billion-dollar collapses, many investors who were victims of the market filed numerous lawsuits.

The industry’s leading crypto billionaire lost a total of $112.7 billion in just one year.

Here are the top 5 crypto billionaires who lost the most in 2022, according to Statis data:

  • Binance’in kurucusu ve CEO’su Changpeng Zhao (CZ), bu yıl yaşanan kripto krizinin ardından 82 milyar dolarlık kayıpla en büyük net zararı yaşayan kripto milyarderi oldu.
  • Sam Bankman-Fried, founder and former CEO of FTX, who was tried on fraud charges in the US, suffered financial losses of more than $23 billion in 2022.
  • FTX has filed for bankruptcy in the US, and the company’s CEO, Sam Bankman-Fried, has resigned.
  • Coinbase CEO and co-founder Brian Armstrong was among the names that suffered financial losses.
  • Armstrong made a loss of $4.7 billion in 2022.
  • FTX’in kurucu ortağı Gary Wang’da 1,7 milyar dolarlık kaybıyla listede yer alan isim oldu.

Ripple co-founder Chris Larsen is also among the hardest hit crypto billionaires this year.

Larsen suffered financial losses of $1.3 billion in 2022.

Gül Demirci

Hi, I'm Gul. I am a writer for Expat Guide Turkey and I strive to create the best content for you. To contact me, you can send an e-mail to Happy reading!

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