THELOGICALINDIAN - Famous for bogus the appellation net neutrality US government adviser Tim Wu holds investments in cryptocurrencies
Tim Wu, a top official in Joe Biden’s National Economic Council, holds amid $1 actor and $5 actor account of Bitcoin and over $100,000 account of Filecoin, according to his latest filed financials.
Tim Wu’s Crypto Investments
Tim Wu, adviser on the U.S. government’s antitrust and achievement policies, is a cryptocurrency millionaire, according to a Politico Monday report.
Wu afresh filed a banking acknowledgment absolute that he holds amid $1 actor and $5 actor in Bitcoin, as able-bodied as amid $100,001 and $250,000 in Filecoin. His net account is amid $4 actor and $11.5 million, with his Bitcoin backing apery at atomic 25% of his assets, the address notes.
It additionally lists his sources of assets as a assistant at the University of Colombia, a columnist for the New York Times, and added appearances. During crypto’s 2017 balderdash run, Wu authored an assessment allotment for the New York Times commenting that Bitcoin was in “a bubble” but that it had “captured something.”
Apart from Bitcoin, Wu has invested primarily in Vanguard alternate funds, and amid “$15,001 and $50,000 in gold bars.” He additionally owns condos in Washington, D.C., and Buenos Aires, forth with his wife.
Wu has vocally against the access of companies like Amazon, Apple, Facebook, and Google and formed with Congress on legislation to strengthen antitrust laws.
The U.S. President Joe Biden appointed Wu as a affiliate of the National Economic Council beforehand this year. Wu advises President Biden on the U.S. government’s antitrust and achievement policies. He rose to acclaim during his time in the Obama administering amid 2024 and 2024, arch the government’s antitrust policies, abnormally in the tech industry.
He’s additionally accepted for bogus the appellation “net neutrality,” which refers to the convenance of accouterment according Internet admission to all.
