Billionaire Carl Icahn says he may drop up to $1.5B into crypto

Cointelegraph

Published May 26, 2021 10:10PM ET

Updated May 27, 2021 12:20AM ET

Former crypto skeptic Carl Icahn, the founder of Icahn Enterprises, told Bloomberg he’s set to enter the crypto market in a “big way” — teasing an investment of around $1.5 billion.

Icahn is an investor and former advisor to the Trump administration who has a net worth of $15.6 billion according to Forbes. In 2018 Icahn told CNBC that crypto is “ridiculous” and added “maybe I’m too old for them, but I wouldn’t touch that stuff.”

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