Crypto Execs Cash In Despite Market Collapse

Top crypto executives received lavish pay packages that paid out even during the bear market, despite their companies' stock prices collapsing. For instance, David Bailey, CEO of Nakamoto, received a $250,000 signing bonus, $58,333 monthly consulting fee, and $2.1 million in annual bonuses. Michael Saylor, founder of Strategy, has made billions personally from leading the company despite a 61% decline in its common stock. Anthony Pompliano's $400 million executive compensation package from ProCap sparked a hostile shareholder letter. These executives structured their compensation to protect their interests despite the market downturn.