This crypto co-founder of one of the biggest currencies around, is going to crash his crypto as he cashes in tens of billions of dollars worth in the next week.

Anthony Di Iorio

Ethereum

Billionaire Ethereum co-founder says he is quitting the world of cryptocurrency due to personal safety concerns

The billionaire co-founder of Ethereum has announced he is quitting the world of cryptocurrency because of personal safety concerns.

Anthony Di Iorio, 48 – who has had his own security team since 2017 with guards following him wherever he goes – will sell blockchain firm Decentral Inc, sever ties with other start-ups he’s involved with and focus on philanthropy instead.

The Canadian entrepreneur did not say whether he had been the target of specific security threats but explained he believed he would be ‘safer’ away from crypto.

‘It’s got a risk profile that I am not too enthused about,’ he told Bloomberg.

‘I don’t feel necessarily safe in this space. If I was focused on larger problems, I think I’d be safer.’

Di Iorio founded Ethereum in 2013 and its token, Ether, now has a market value of $225billion.

The tycoon him the headlines headlines in 2018 when he bought one of Canada’s largest and most expensive condos to house Decentral’s offices, after partly paying in digital money. – Source


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