Man Who Once Let Ohio Pay Taxes in Crypto Just Lost $1.2 Million on Bitcoin Options

Former Ohio State Treasurer Josh Mandel, once hailed as an early political champion of Bitcoin, has revealed a personal loss of more than $1. 2 million on call options tied to BlackRock’s iShares Bitcoin Trust (IBIT). The former state official’s gamble followed his bold prediction that Bitcoin would reach $444,000 by November 8, a forecast that has clearly not materialized. Ohio’s Crypto Tax Pioneer Loses $1 source: https://beincrypto.com/josh-mandel-bitcoin-etf-loss/