Whether the on-again-off-again collapse of cryptocurrency ends up being a crater or just a bump in the road, there are already some noteworthy individuals who appear to have lost out quite a bit on the fall of Bitcoin and other forms of digital cash.
Among those individuals are a number of professional American athletes, including former No. 1 overall NFL pick Trevor Lawrence of the Jacksonville Jaguars.
Though Lawrence hasn’t potentially lost the most money (that honor belongs to Toronto FC forward Ifunanyachi Achara of Major League Soccer), the 22-year-old quarterback is probably the most prominent athlete to see his crypto shares crap out while trying to cash in. Lawrence, according to a chart shared by Sun Sentinel Miami Dolphins beat reporter David Furones, may have lost more than $15 million after having his signing bonus paid out entirely in cryptocurrency including Bitcoin, Ethereum and Solana and deposited into a Blockfolio account.
“I’m really excited to be joining the Blockfolio team,” Lawrence said at the time. “When it comes to my crypto portfolio, I wanted a long-term partner in the space that I could trust.”