Skip to content
Herald Sheets

Herald Sheets

Live Cryptocurrency News

Follow Herald Sheets on Twitter, Facebook, Telegram, Please Read Our Disclaimer

  • Homepage
  • Start Trading
  • Guide
  • Crypto News
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Ripple (XRP)
    • Dogecoin (DOGE)
    • Cardano (ADA)
    • Litecoin (LTC)
  • Analysis
  • Blockchain
  • Mining
  • Reviews
    • Brokers
    • Exchanges
  • Regulation
  • Press Release
  • About Us
    • Contact Us
    • Privacy Policy
    • Editorial Policy
    • Submit Press Release
  • Disclaimer
  • Bitcoin (BTC)
  • Cryptocurrency
  • News

Speculations over Kim Jong Un’s Bitcoin (BTC) Holdings

Tobi Loba April 26, 2020 3 min read
Speculations over Kim Jong Un’s Bitcoin (BTC) Holdings

The news regarding the state of health of the Supreme Leader of North Korea, Kim Jong Un, has been trending worldwide over the past few days.


trade now

People across the world are talking about him not being well or possibly passed on, due to his critical state of health, raising speculations over the country’s Bitcoin (BTC) and crypto holdings, which are probably in his care.

As related by Aljazeera, Kim Jong Un has been away from the state media, official statements, and his usual appearance in public events, which make many conclude that the trending news about the critical state of his health is true.

On 25th April 2020, a news outlet TMZ reported that Kim is either dead or on his death bed with little or no hope of recuperation.

TMZ further reported that China sent a medical team to North Korea to ascertain Kim Jong Un’s health status. The vice director of a Hong Kong-backed news channel later said Kim is dead. She also shared the same information with her relatively 15 million followers on Weibo. However, the news is still unconfirmed. There are other reports that Kim is in a “vegetative state” after a heart surgery gone wrong.

Crypto Traders Speculate over Kim Jong Un’s Bitcoin (BTC) Holdings Amidst His Death Rumor

It became trending news in 2019 after the crypto community learned that North Korea is accumulating Bitcoin (BTC) and other cryptocurrencies with a value of $670 million back then. These funds were reportedly targeted at bypassing US sanctions.

This huge amount of accumulated assets has become a thing of concern among the cryptocurrency traders and investors. Many believe that if Kim passes on at this moment, it would be bad news for Bitcoin (BTC), as the country could end up selling the assets, which would initiate price crash in the market.

A cryptocurrency enthusiast identified on Twitter as Molly reported the confusion caused by the joke shared by @zackvoell, regarding the transfer of all the Bitcoin (BTC) holdings (65,091 BTC), belonging to Kim Jong-Un, to Coinbase.

She wrote, “Woke up, saw everyone is talking about this. Literally everywhere, weibo, WeChat groups, all crypto medias.”

Woke up, saw everyone is talking about this . Literally everywhere , weibo,WeChat groups, all crypto medias @zackvoell pic.twitter.com/gltiIIsEXX

— Molly (@bigmagicdao) April 26, 2020

Zack Voell Deleted the Tweet but Has Already Gone Viral

Zack Voell, a market correspondent at CoinDesk, who posted the joke that attracted over a thousand reactions, later deleted the tweet, but the tweet had already gone beyond the border, to cause confusion in the Weibo community.

Zack Voell wrote, “I deleted the “whale alert” tweet so people stop asking me for a tx hash and because some crypto media outlets are still taking it seriously. The stupidity in this industry is just incredible.”

I deleted the "whale alert" tweet so people stop asking me for a tx hash and because some crypto media outlets are still taking it seriously.

The stupidity in this industry is just incredible. https://t.co/4tmikGahDy pic.twitter.com/pP2uEdBr3U

— Zack Voell (@zackvoell) April 26, 2020

Trade Now

Continue Reading

Previous: CZ Binance Sends Security Warning to All iPhone Users
Next: Ripple To Go Ahead With Swell 2020 Despite COVID-19, But In a Unique Way

Related Stories

ETH Gas Fee Hits Lowest Levels Since July 2021; Ethereum On Accumulation Phase
2 min read
  • Blockchain
  • Cryptocurrency
  • Ethereum (ETH)
  • News
  • Price Analysis

ETH Gas Fee Hits Lowest Levels Since July 2021; Ethereum On Accumulation Phase

May 25, 2022
Do Kwon Intends To Make Terra Classic By Forking LUNA Blockchain
2 min read
  • Blockchain
  • Cryptocurrency
  • Terra (LUNA)

Do Kwon Intends To Make Terra Classic By Forking LUNA Blockchain

May 25, 2022
Grayscale Is Planning On Listing Its First European Exchange Traded Fund
2 min read
  • Cryptocurrency
  • ETF (Exchange Traded Fund)
  • News

Grayscale Is Planning On Listing Its First European Exchange Traded Fund

May 25, 2022

Top 10 Crypto

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$29,691.00
-1.06%
ethereum
Ethereum (ETH)
$1,929.80
-3.41%
tether
Tether (USDT)
$1.00
-0.15%
binancecoin
BNB (BNB)
$317.99
-4.50%
usd-coin
USD Coin (USDC)
$1.00
-0.17%
ripple
XRP (XRP)
$0.403027
-1.67%
Binance USD
Binance USD (BUSD)
$1.00
-0.40%
cardano
Cardano (ADA)
$0.51
-3.16%
dogecoin
Dogecoin (DOGE)
$0.080803
-3.37%
polkadot
Polkadot (DOT)
$9.67
-4.14%

Recent Posts

  • ETH Gas Fee Hits Lowest Levels Since July 2021; Ethereum On Accumulation Phase
  • CharterPrime Review – Is CharterPrime Scam or a Proper Broker?
  • Do Kwon Intends To Make Terra Classic By Forking LUNA Blockchain
  • Grayscale Is Planning On Listing Its First European Exchange Traded Fund
  • Celsius Is Planning On Taking Its Crypto Mining Business Public
  • Terra Team May Not Redeem Promised Refunds, Especially For Smallholders – Whistleblower
  • Coinbase Adds BNB Chain And Avalanche To Token Swap Service
  • Richardson Lewis Review – Is Richardson Lewis Scam or a Proper Broker?
  • PancakeSwap Guide 2022 – Everything You Need To Know About This DEX
  • Polkadot-based Smart Contract, T3rn Deploys Latest Testnet
  • Uruguayan Authorities Launch Campaign Against Crypto Scams
  • GameStop Announces The Launch Of A Crypto Wallet
  • Litecoin To Be Delisted Out Of Major Crypto Exchanges
  • Here’s Why Bitcoin’s Price Might Rise Above $30.6K
  • RBI Governor Reiterates Negative Stance On Crypto

Disclaimer

This website may have financial affiliations with some (not all) of the brands and companies mentioned on this website. Information found on Herald Sheets represents those of writers quoted. It does not represent the opinions of Herald Sheets on whether to buy, sell, or hold any investment assets. Investors must do their own research before investing their money and only do so at their own risk.

Categories

You may have missed

ETH Gas Fee Hits Lowest Levels Since July 2021; Ethereum On Accumulation Phase
2 min read
  • Blockchain
  • Cryptocurrency
  • Ethereum (ETH)
  • News
  • Price Analysis

ETH Gas Fee Hits Lowest Levels Since July 2021; Ethereum On Accumulation Phase

May 25, 2022
CharterPrime Review – Is CharterPrime Scam or a Proper Broker?
3 min read
  • Cryptocurrency Brokers News and Reviews

CharterPrime Review – Is CharterPrime Scam or a Proper Broker?

May 25, 2022
Do Kwon Intends To Make Terra Classic By Forking LUNA Blockchain
2 min read
  • Blockchain
  • Cryptocurrency
  • Terra (LUNA)

Do Kwon Intends To Make Terra Classic By Forking LUNA Blockchain

May 25, 2022
Grayscale Is Planning On Listing Its First European Exchange Traded Fund
2 min read
  • Cryptocurrency
  • ETF (Exchange Traded Fund)
  • News

Grayscale Is Planning On Listing Its First European Exchange Traded Fund

May 25, 2022
Copyright © All rights reserved. | DarkNews by AF themes.
  • RelevantRelevant(REL)$0.825.35%
  • TadpoleTadpole(TAD)$7.32-1.74%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184213-2.11%
  • SakeTokenSakeToken(SAKE)$0.0127135.28%
  • WTF TokenWTF Token(WTF)$0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)$0.005461-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%