Friday 17 June 2022 04:10 AM Finder co-founder Fred Schebesta to sell $7m Sydney home if cryptocurrency ... trends now
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An Aussie entrepreneur, dubbed the 'crypto king', has sensationally claimed he will sell his $7 million beachside pad to buy Bitcoin, if the cryptocurrency falls below $US12,000.
In a bizarre promise, the Finder co-founder vowed to put his sprawling apartment, in the Sydney beachside suburb of Tamarama, up for sale.
Bitcoin is currently at its lowest point since 2020, hovering around $A29,000, or $US20,000.
Crypto 'king' Fred Schebesta is best known for being a co-founder of financial comparison site Finder but was also an early investor in Bitcoin.
While he currently doesn't hold any of the cryptocurrency, he has been vocal about his interest in picking up Bitcoin if it continues to fall.
Mr Schebesta told The Daily Telegraph he would be
