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Michael Novogratz remains one of the most powerful and loudest advocates of crypto. 

Michael Novogratz remains one of the most powerful and loudest advocates of crypto. 

Photographer: Jutharat Pinyodoonyachet/Bloomberg
Wealth
+ Crypto

Mike Novogratz Wants to Punch Disgraced Crypto Titans in the Face

The Galaxy Digital founder, down $3 billion, is looking to sort through the wreckage of an industry that’s supposed to be his big shot at redemption.

Michael Novogratz wants to get something straight: It’s not his fault you lost money on crypto.

OK, sure: Bitcoin is headed to $500,000, he predicted this time last year. Luna? To the moon. He got a howling wolf tattooed on his shoulder and, for kicks, tweeted out a selfie.