Ex-FTX Europe Chief Acquires Historic $1.5M Gold Watch from Titanic

By: Isha Das

Former Head of FTX Europe, Patrick Gruhn, has reportedly made an exorbitant purchase of a historic gold pocket watch, recovered from the Titanic wreckage. This unique artifact, linked to the Titanic’s wealthiest passenger, was acquired for a whopping $1.5 million, according to reports.

Gruhn's recent spending spree doesn't stop at the watch, he also reportedly owns a bulletproof Cadillac and employs a personal butler. However, his fortune and spending habits haven't been without controversy, stirring discussions within and beyond the crypto community.

High Spending and Controversies Arouse Discussion

Questions are being raised around the nature of Gruhn's crypto fortunes and if such lavish spending is justifiable. Nonetheless, this historic purchase marks another example of high net worth individuals within the crypto industry engaging in luxury acquisitions.