Goldman Sachs banker quits after making millions on cryptocurrency

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Goldman Sachs banker quits after making millions on cryptocurrency

cnbc2021-05-14

KEY POINTS Aziz McMahon, a Goldman Sachs executive in London, quit the bank after making a fortune on cryptocurrency. McMahon made millions from a bet on the digital currency ether, three former ...

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Meeooww
·2021-05-16
Wow
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1
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eibboryat
·2021-05-16
So good life, how these people buy coins with very low price ?
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Chifield
·2021-05-15
Sigh... Escape for day job
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- Pixiestars:
  ya so lucky
  2021-05-15
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- CcccL:
  Good life
  2021-05-15
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sstrings
·2021-05-14
Crypto YOLO all in now
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OSC
·2021-05-14
It’s time
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Excelsheet
·2021-05-14
Nice
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Maisie C
·2021-05-14
Hodl
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DingDang
·2021-05-14
Good job!!
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Mourinho10
·2021-05-14
Signs of bubble
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CSYNCTP06
·2021-05-14
Tell me your opinion about this news...
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manekineko
·2021-05-14
Wow
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blaCkbOx
·2021-05-14
Comment and like
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shanshan88
·2021-05-14
Hi
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McMahon is believed to have cashed in at least £10 million ($14 million) worth of cryptocurrency, the sources said.\nEarlier reports fromeFinancial CareersandThe Guardianhad said McMahon had left Goldman after making money from dogecoin.\nIt is possible McMahon may have had some holdings in dogecoin, too. He is thought to have now set up his own hedge fund, eFinancialCareers reported.\nWhen approached by CNBC, Goldman Sachs confirmed McMahon's departure but declined to comment any further. McMahon was not immediately available for comment when contacted by CNBC via LinkedIn.\nEther, the digital asset McMahon is said to have invested in, has risen more than 400% since the start of 2021. Created some six years afterbitcoin, ether isbased on a different technology known as Ethereum. Ether and ethereum are often used interchangeably to describe the currency.\nBitcoin and other cryptocurrencies have fluctuated wildly lately. On Wednesday, the entire marketshed as much as $365.85 billionafter a tweet fromElon Muskthat said his electric car firm Tesla wouldstop accepting paymentsin bitcoin due toenvironmental concerns over the cryptocurrency.\nMusk'sfavored cryptois dogecoin, a token that started out as a joke in 2013. Inspired by the meme \"Doge,\" which features a shiba inu dog and cartoon-style text, dogecoin was intended by its creators as a \"fun\" alternative to bitcoin.\nIt’s since gained a growing community online and is now the fourth-largest digital asset by market value on CoinMarketCap. 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Escape for day job","listText":"Sigh... Escape for day job","text":"Sigh... Escape for day job","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/196593308","repostId":1119227468,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4336186,"gmtCreate":1621068278920,"gmtModify":1680788936726,"authorId":3581832720375359,"author":{"id":3581832720375359,"idStr":"3581832720375359","authorId":3581832720375359,"name":"Pixiestars","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":196593308,"type":1,"supId":0,"prevId":0,"content":"ya so <u>lucky</u>","text":"ya so <u>lucky</u>","html":"ya so <u>lucky</u>"},{"id":4336400,"gmtCreate":1621072006421,"gmtModify":1680788936588,"authorId":3566877420609993,"author":{"id":3566877420609993,"idStr":"3566877420609993","authorId":3566877420609993,"name":"CcccL","avatar":"https://static.tigerbbs.com/27eb54773a8f0b3851def7cabc15cb0e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":196593308,"type":1,"supId":0,"prevId":0,"content":"Good life","text":"Good life","html":"Good life"}],"langContent":"EN"},{"id":198753034,"gmtCreate":1620993885128,"gmtModify":1704351659789,"author":{"id":"3574987678325918","authorId":"3574987678325918","name":"sstrings","avatar":"https://static.tigerbbs.com/6acf49a449cae71bafd3be75393bce04","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574987678325918","authorIdStr":"3574987678325918"},"htmlText":"Crypto YOLO all in now","listText":"Crypto YOLO all in now","text":"Crypto YOLO all in now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198753034","repostId":1119227468,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":198729884,"gmtCreate":1620992500748,"gmtModify":1704351644538,"author":{"id":"3583228802390849","authorId":"3583228802390849","name":"OSC","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583228802390849","authorIdStr":"3583228802390849"},"htmlText":"It’s time","listText":"It’s time","text":"It’s time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198729884","repostId":1119227468,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":198789042,"gmtCreate":1620990674986,"gmtModify":1704351615731,"author":{"id":"3563191428086420","authorId":"3563191428086420","name":"Excelsheet","avatar":"https://static.tigerbbs.com/30a30f253a4cec57f0a4d67ec91c7847","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3563191428086420","authorIdStr":"3563191428086420"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198789042","repostId":1119227468,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":198712222,"gmtCreate":1620990290666,"gmtModify":1704351610502,"author":{"id":"3581978086195615","authorId":"3581978086195615","name":"Maisie 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