He made 25 billion in 4 years, but went bankrupt in just 10 days!
Why do so many people still flock to him!
Why is cryptocurrency so attractive to many players!
This legendary figure in the crypto world, born in 1992, made a staggering 25 billion dollars in 4 years, but also went bankrupt in just 10 days, with 8 billion dollars of client funds missing, causing a huge shock in the cryptocurrency market.
With a mathematical talent and unique perspective, he decisively entered the market in 2017 during the rise of cryptocurrency. He initially founded the Alameda Research high-frequency trading firm, then created a well-known exchange and launched the token FTT, with his wealth skyrocketing like a rocket, becoming a top billionaire in the global cryptocurrency scene, closely interacting with celebrities from various fields. However, his company management was chaotic, with no clear financial reports or organizational structure.
He made money quickly but also spent extravagantly. He built a uniquely styled headquarters for 300 million dollars, splurged 5 billion dollars on 300 investment portfolios, invested carelessly, and spent lavishly on marketing, with about 20 million dollars spent on a Super Bowl advertisement.
Although he has a myth of wealth creation, the market is highly volatile and lacks regulation; once the bubble bursts, investors may lose everything. Yet, there are still those tempted by his high returns, continuously pouring in. Is the world of cryptocurrency an opportunity or a trap?
As a seasoned cryptocurrency investor, I, Tu Fei, share my experiences and insights. Interested in cryptocurrency but don’t know where to start? Click on my avatar to see my profile and witness the moment of miracles together.