Rostislav Solod, a member of town council within the city of Kramatorsk, Ukraine, has reported proudly owning tens of millions of dollars-worth of
Rostislav Solod, a member of town council within the city of Kramatorsk, Ukraine, has reported proudly owning tens of millions of dollars-worth of the privacy-focused cryptocurrency Monero (XMR).
In a declaration of all of the property he owns and has entry too – an anti-corruption process for all public officers in Ukraine – Solod listed, alongside actual property, vehicles and inventory, 185,000 XMR. That’s an quantity price $24,375,600 at press time, in accordance with CoinMarketCap information.
Based on the publicly out there doc, he purchased the cash in December 2015, when the worth of the cryptocurrency fluctuated between $0.30 and $0.50. So the holdings would probably have price Solod someplace round $74,000 at the moment (primarily based on a worth of $0.40). With XMR’s worth round $132 at the moment, he’s probably in revenue by roughly $24,300,000.
Solod grew to become a metropolis corridor member after an election this autumn. His dad and mom, Yuri Solod and Natalia Korolevska, are members of the nationwide parliament of Ukraine, the Verkhovna Rada.