A hedge fund billionaire outbid crypto investors for a rare copy of the US Constitution

Key Speakers At The 2016 SALT Conference

It turns out the way to beat the collective will of the internet’s cryptocurrency fans is to have way, way more money than them. Ken Griffin, the CEO and founder of Citadel, has revealed himself as the winner of last night’s $43.2 million auction for a rare copy of the US Constitution. A collective of crypto enthusiasts, calling themselves ConstitutionDAO, managed to raise $47 million in about a week’s time in a quixotic attempt to win the document themselves and put it on display to the public for free.

While the DAO didn’t win, they did manage to push the price up on Griffin, with the two parties slowly going back and forth million by million during the auction last night, each seemingly uncertain if they would be able to go a million…

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Author: Jacob Kastrenakes