Forbes estimates the top 16 crypto billionaires lost $59B+ between March and June, led by Binance's CZ, as retail investors suffer heavy losses amid the rout (David Yaffe-Bellany/New York Times)

David Yaffe-Bellany / New York Times:

Forbes estimates the top 16 crypto billionaires lost $59B+ between March and June, led by Binance's CZ, as retail investors suffer heavy losses amid the rout  —  No cryptocurrency investor has been spared the pain of plunging prices.  But the fallout from more than $700 billion in losses is far from even.