Reasons Why The Crypto Dream Is Turning Into A Nightmare

Athlete Woes

Odell Beckham Jr. is one of the most recognizable athletes in the U.S. The NFL wide receiver made headlines in 2022 because he lost a lot of money. He left the Cleveland Browns for the L.A. Rams and won a Super Bowl ring. But it wasn’t all good news for the player.

That’s because he agreed to a $750,000 contract with the franchise. But he wanted them to pay him in Bitcoin. Then the value of the currency dropped and left him with just $35,000. Another famous athlete, Francis Ngannou also lost money after the UFC paid him in crypto (via Sporting News).