Bitcoin Plummets as SpaceX Write-Down Triggers $1 Billion Investor Exodus

1 min read
Source: CNN
Bitcoin Plummets as SpaceX Write-Down Triggers $1 Billion Investor Exodus
Photo: CNN
TL;DR

Former cryptocurrency billionaire Sam Bankman-Fried has been sent to jail after his bail was revoked. Meanwhile, the price of Bitcoin is experiencing a decline as investors withdraw $1 billion from the crypto market.

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