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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.

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