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Billionaire founder of crypto exchange Binance says he's 'poor again' after its luna holdings - once worth $1.6 billion - crashed and are now worth just $2,200

1 month ago   |   By Business Insider

Changpeng Zhao, founder of Binance, joked he was "poor again" after the crypto luna took a dive. REUTERS/Darrin Zammit Lupi
Crypto exchange Binance's founder Changpeng Zhao tweeted "poor again" after crypto-token luna crashed.
Binance's holdings of the coin were once worth $1.6 billion but are now worth about $2,200.
According to Bloomberg estimates , Zhao is still a billionaire and Binance is the world's largest crypto exchange.
Chanpeng Zhao, the wealthy founder of crypto exchange Binance, joked on Tuesday that he was " poor again " after the exchange's investments in the luna...
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