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bitcoin
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    HomeCrypto Finance

    SEC lawsuits squeeze web worths of Coinbase and Binance CEOs

    Crypto Finance
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    By admin
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    Latest News

    The web worths of Coinbase (NASDAQ:) CEO Brian Armstrong and Binance CEO Changpeng Zhao (CZ) have suffered heavy blows on account of current lawsuits by america securities regulator.

    Armstrong’s web price was slashed by $289 million and Zhao’s by $1.33 billion inside a span of 30 hours after the Securities Alternate Fee (SEC) sued Binance on June 5 after which Coinbase on June 6, in line with information from the Bloomberg Billionaires Index and Forbes.

    The SEC’s lawsuit towards Binance has contributed to Zhao falling two spots in Bloomberg’s Billionaire Index. Supply: Bloomberg
    Zhao’s web price has fallen from practically $100 billion to $26 billion since January 2022. Supply: Bloomberg
    Change in web price of Brian Armstrong since 2019. Supply: Forbes

    Proceed Studying on Coin Telegraph

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