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

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

Changpeng Zhao, CEO of Binance, speaks at the Delta Summit, Malta's official Blockchain and Digital Innovation event promoting cryptocurrency, in St Julian's, Malta October 4, 2018.

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…


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