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

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Former cryptocurrency billionaire Sam Bankman-Fried has been sent to jail after his bail was revoked.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.
Topics:top-newscryptocurrency#bail-revoked#bitcoin#cryptocurrency#cryptocurrency-billionaire#investors#sam-bankman-fried
- Bitcoin price on the skids as investors pull $1 billion from crypto CNN
- Bitcoin Dives: Elon Musk's SpaceX News Sends Cryptocurrency Tumbling Investor's Business Daily
- Bitcoin abruptly tumbles as much as 9% to just over $26,000 late Thursday CNBC
- Bitcoin Freefalls to Two-Month Low After SpaceX Write-Down Gizmodo
- SpaceX wrote down $373M worth of Bitcoin back in 2021-2022: Report Cointelegraph
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