Peter Thiel Among FTX Shareholders, Court Documents Show – Bitcoin…

Peter Thiel Among FTX Shareholders, Court Documents Show – Bitcoin…

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Billionaire investor Peter Thiel was identified as one of the prominent shareholders in a bankruptcy court document filed related to the collapse of the cryptocurrency exchange FTX.

What happened: Thiel’s name has now been publicly linked to the stock market for the first time, joining other prominent shareholders like the NFL quarterback Tom Brady and investor Kevin O’Leary.

Thiel’s family trust office, Rivendell Trustand venture capital company, Thiel capitalwere both listed in a recently filed filing.

The filing revealed that the Trust and Company received a total of 245,000 shares of West Realm Shires Inc. and 57,230 shares of FTX Trading.

West Realm Shires and FTX Trading are both subsidiaries of FTX.

See More: Best Crypto Day Trading Strategies

According to current figures, Brady holds 1,144,861 shares, while model Gisele Bundchen holds 686,761 and O’Leary’s production company holds 183,781.

O’Leary had already done so lost its $15 million investment after FTX collapsed when he broke the news to CNBC’s “Squawk Box.”

FTX became one of the largest crypto exchanges in the world by raising a whopping $400 million in funding and increasing its valuation to $32 billion. It facilitated trading of crypto assets, including Bitcoin BTC/USD, ether ETH/USD and other altcoins.

price action: Bitcoin traded at $17,429.23 in the last 24 hours, up 1%, according to Benzinga Pro.

Continue reading: Brady, Bundchen, Kraft and this billionaire hedge fund manager hold FTX stocks: So much

photo by Gage Skidmore on Flickr

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