These are the new cryptocurrency billionaires who made the Forbes list of the richest in the United States

Seven new people whose fortunes have increased thanks to cryptocurrencies have entered the list of the richest in the United States, by Forbes magazine,

The seven crypto-billionaires have a collective estimated value of $ 55.1 billion. Almost half of all that money, $ 22.5 billion, is from a single name: Sam Bankman-Fried, the 29-year-old CEO of crypto derivatives exchange FTX, the first newcomer to the billionaires list.

The other new names are Brian Armstrong, Cameron y Tyler Winklevoss, Fred Ehrsam y Jed McCaleb.

Bankman-Fried built in just two years one of the largest commercial platforms in today’s industry, FTX had a Series B fundraiser of $ 900 million in July.

Armstrong, 38, is the CEO of Coinbase, the largest cryptocurrency exchange in the US, which made its debut in the public markets last April, debuting with the largest direct price in history: 86 billion dollars.

Brothers Cameron and Tyler Winklevoss they are the owners of the company that competes directly with Coinbase, Gemini, and they have a net worth of $ 4.3 billion each.

Secondly, Fred Ehrsam, it is Coinbase co-founder along with Armstrong. Despite not staying with the company, he is still a member of the board and leads the crypto-focused investment Paradigm. He has a net worth of $ 3.5 billion.

And finally there is Jed McCaleb, co-founder of Ripple, a San Francisco-based company that facilitates international financial transactions with blockchain technology.

Digital currencies have been booming for the past few years, reaching historical price records in almost all areas. One of the most popular cryptocurrencies is bitcoin, it has not stopped rising in recent days

Since last year’s list was published, Bitcoin has risen from $ 10,128 to more than $ 60,000. Additionally, Ether, the second largest cryptocurrency, was up nearly 1,000%.

However, cryptocurrencies remain volatile in nature, making them an unsafe investment and an unstable market. “Like any investment, whether in products or services, its use is recommended as long as the individual who wants to buy them trusts the offer made through these cryptocurrencies. Whoever assumes the risk of investing in cryptocurrencies knows that they can lose, since there is no regulation that defends their decisions, ”explains specialist Alejandro Varas. (I)