A California man defrauded Los Angeles out of $23 million and said it would be used to shelter 600+ Homeless people.
He spent it on:
- A mansion
- A $125,000 Land Rover
- A Vacation home in Greece.
- Luxury vacations
- Designer clothes
- Private schools

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Author | Jeff Park (Chief Information Officer, Bitwise)
Compiled by Odaily Odaily(@OdailyChina)
Translator | Dingdang (@XiaMiPP)
Editor's Note: On February 5th, the cryptocurrency market experienced another sharp drop, with over $2.6 billion liquidated in 24 hours. Bitcoin briefly plummeted to $60,000, but the market seems to lack a clear consensus on the causes of this decline. Jeff Park, CIO of Bitwise, offers a new analytical framework from the perspective of options and hedging mechanisms. [...]

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I would like to ask Gavin for a refund on my taxes