Ex-Classmates Among World's Top Crypto Holders. On Elon Musk They Say...

Their portfolio was rocked in recent days as environmental concerns over mining, regulatory scrutiny, warnings by Chinese authorities about digital currency payments and a flurry of erratic tweets by Tesla Inc's Elon Musk whipsawed prices.

Kyle Davies and Su Zhu started Three Arrows Capital at the kitchen table of their apartment in 2012. Now they're among the world's biggest crypto holders with a portfolio worth billions of dollars. Definitely, would esp urge crypto billionaires to turn down forbes list ranking questionnaires / interviewsNo point getting involved, just say "no comment" like I do https://t.co/3ddhRc30lX Never before in all my days have I held a greater % of the planet's $ETH At least for the moment. Their portfolio was rocked in recent days as environmental concerns over mining, regulatory scrutiny, warnings by Chinese authorities about digital currency payments and a flurry of erratic tweets by Tesla Inc's Elon Musk whipsawed prices. For Davies, an early investor in the space and an evangelist for the underlying technology, the recent volatility is just a blip, enough perhaps to scare off newbie investors, but not for someone who has experienced far more volatile periods. "Bitcoin's down 30% off the highs, it's really not down very much," the 34-year-old said in an interview from Singapore. "I don't see anyone really being that spooked."