The profits from crypto are so great that the former employees from Shinhan Card, Samsung, and LG Electronics quit their jobs to invest in
As AZCoin News reported, the Korean government is increasing the number of crackdowns on cryptocurrencies, especially the possibility that 200 exchanges in this country will have to close. The main reason is that Bitcoin prices have gone up wildly and some people have quickly become millionaires. Also, the scenario of increasing the price of BTC in the past few days has not prevented the country’s middle class from making profits from the crypto market, even from employees of large companies.
Former employees from major South Korean firms quit their jobs after pocketing millions in crypto profits
According to a report published by TV network JTBC, employees from big companies like Shinhan Card, Samsung, and LG Electronics claimed they had collected enough profits to quit their jobs. And with this decision, these regulators collected millions of dollars in crypto.
One of them, a former Shinhan Card employee, said:
“I managed to gain almost 3 billion won ($ 2.7 million). But I took a high-risk move by such astonishing profits.”
In fact, this person has invested his life savings and some loans into crypto transactions, and after making a millionaire profit, he quit his job at Shinhan Card. last month. Interestingly, he became a full-time Youtuber to share his success in crypto investments.
Elsewhere, a former Samsung employee shared that he made about $ 36 million in profits in crypto. The total amount he made was about $ 36 million in profit after investing just $ 44,670 in crypto.
Even so, none of the people interviewed above revealed what cryptocurrencies they have invested their money in.
However, an employee from the Yeoido financial district revealed that she invested in Bitcoin even though she was very worried. But it seems that with the increase of over $ 64,000 in BTC, this employee must have made a lot of profit now before BTC dropped to its current level.
Korea’s crypto market continues to explode across the board, as a study revealed that domestic crypto investors were trading around $ 7 billion per day during the period from January 1. February 1, 2021.
You can see the BTC price here.
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