Larry Harmon was arrested earlier this week for allegedly participating in a money-laundering conspiracy worth more than $300 million in cryptocurrency involving darknet marketplace AlphaBay. However, the family of the Coin Ninja CEO claims he was never involved with AlphaBay.
What do you think?
“Cryptocurrencies basically have no value,” Warren Buffett said in an interview on Monday.
Speaking to CNBC reporter Becky Quick on Feb. 24, the fourth-wealthiest person in the world discussed his impression of Bitcoin following a fundraiser. In attendance was Justin Sun, CEO of Tron, and long-time believer in crypto.
In May 2019, the two gathered with others at a fundraiser for the Glide Foundation, a charity organization that helps the homeless in San Francisco. Speaking billionaire to billionaire, the young Sun suggested the seasoned Warren consider investing in cryptocurrency.
However, when pressed on whether Sun had given him any Bitcoin after the exchange, Buffett balked:
“I don’t own any cryptocurrency. I never will… You can’t do anything with it except sell it to somebody else.”
I believe he owns a lot of Bitcoins but he doesn't want to pay taxes.