Ken is the founder of Citadel.
Michael Kovac is a photographer.
Ken said his son convinced him to buy a rare copy of the US Constitution, which the billionaire hedge-fund manager snapped up last month for $43.2 million.
The founder of the Citadel upset some in the community when he splashed out on one of the 13 surviving copies of the original 1787 printing of the historic document. He beat ConstitutionDAO, which had raised more than 40 million dollars from 17,000 donors.
The group couldn't come to an agreement after he asked if they wanted to have joint governance, according to an interview with the man.
He said that his son told him to buy the Constitution while he was at home in New York.
The billionaire put up millions of dollars to buy the document because he was focused on winning it. He said that he doesn't do that very often.
The founder of Citadel, a hedge fund and financial services group that has become central to modern global financial markets, is a man named Griffin. He has a net worth of $21 billion.
An investing chief of a $1.6 billion dollar exchange traded fund lays out 5 industry stalwarts with surprising NFT exposure and shares 3 buying opportunities to take advantage of the market volatility.
The ConstitutionDAO was a leaderless group with rules that are enforced on a ledger. The group said in one of its earliest posts that they would preserve the document for the people.
The guide price was between 15 million and 20 million dollars. Both sides increased the price until Griffin came out on top.
After the sale at the auction house, he asked the group if they wanted to collaborate on governance, but they didn't.
The group said it would let donors claim back their donations. The collective's token has become a meme coin.
The allegations that Citadel Securities had pressured Robinhood into stopping trading in stocks such as GameStop was already unpopular among meme-stock traders and cryptocurrencies.
The billionaire told lawmakers that Citadel had no role in the move.
Business Insider has an original article.
