By CryptoNews - 11 months ago - Reading Time: 1 minutes
Crypto Billionaires Lose Big Amid SEC's 2023 Crackdown on Binance and Coinbase
Crypto billionaires have been hit hard by the Securities and Exchange Commission's crackdown on Binance and Coinbase, incurring huge losses so far this week.Binance CEO Changpeng Zhao, known as CZ, has seen his net worth shrink by $1.4 billion to $26 billion, while Coinbase CEO Brian Armstrong has seen his net worth drop by $361 million to $2.2 billion, according to the Bloomberg Billionaires Index. ...
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Original source: CryptoNews