Some billionaires cryptocurrencies money goes hell

But it turns out there was a problem not only with FTX and FTT, which was basically its house cryptocurrency, but with the whole idea of these cryptocurrencies, because the very nature of cryptocurrencies is that they can essentially be minted by anyone, in any amount, at will, and then sold, or exchanged as the saying goes, for prices set by the market, and the market, in this case, was FTX itself, the exchange that had minted the cryptocurrency FTT in the first place. If that sounds a tad like double dealing, well, I'm with you there, for sure. Some cryptocurrencies case goes hell Hayes kept some parts of his life intensely private. Many of his closest colleagues didn’t know he had a brother, who is intellectually disabled, until the relationship came up in court. Hayes avoided several topics in our interviews, but his one firm condition was that I not name his wife, whom he married in 2018. “We like to joke that there’s Arthur Hayes and there’s @CryptoHayes, his Twitter handle — and they are different people,” says a colleague. “Arthur is a front man, a showman, a P. T. Barnum,” says Delo.

And while the value of cryptocurrency stolen is stunning, not everything is solely about the money. Last year, Mashable looked into the biggest crypto scams of 2021. Yes, some big bucks were being funneled via various scams and schemes included on that list. However, sometimes the audacity and uniqueness of these scams and hacks — perpetrated by people who only walk away with six figures worth of stolen crypto — are worth mentioning, too. Cryptocurrencies Use Decentralized, Distributed Systems Few cases could justify withdrawing money from circulation (burning cryptocurrencies or borrowing in fiat, depending on the case), such as a prolonged recession or a change in the economic or monetary system, but all this is not innocuous, and has consequences, in general, negative.