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BitForex Founder Opens $100M Bitcoin Long Amid Insider Trading Allegations

Summary by Bitcoin World
BitcoinWorld BitForex Founder Opens $100M Bitcoin Long Amid Insider Trading Allegations Garrett Jin, the founder of cryptocurrency exchange BitForex, has opened a substantial Bitcoin long position valued at approximately $100 million, according to blockchain intelligence firm Arkham. The position was entered at an average price of $76,117 per Bitcoin and is currently facing an unrealized loss of around $16 million. Jin has also paid roughly $1.…
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Bitcoin World broke the news on Thursday, August 13, 2026.
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