Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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OnlyFans once bought 19.889 million US dollars worth of ETH, resulting in a depreciation loss of 8.455 million US dollars.
2023-08-27 07:10:50
Odaily News According to the financial report released by the social platform OnlyFans, it previously invested a portion of its funds in ETH, with a purchase cost of $19.889 million. As of November 30, 2022, there was an impairment loss of $8.455 million based on fair value, with a book value of $11.434 million.

Furthermore, OnlyFans stated that there are no restrictions on the ability to sell cryptocurrency assets.