2020-12-10

A 19-year Old Ukrainian Politician Declares Owning Over $24 Million in Monero

 

A 19-year old Ukrainian politician disclosed all the property he owns during an anti-corruption procedure, mandatory for all public officials in Ukraine, who revealed that he holds millions of dollars worth of monero (XMR).

Rostislav Solod

a newly appointed member of the city council in Kramatorsk, Ukraine, declared that he owns 185,000 XMR, which is worth $24,534,700, according to data from markets.Bitcoin.com, plus real state, cars, and stock.

The declaration was made public on December 2, 2020, where Solod stated that he became the crypto fortune owner back in 2015 when he was 14 years old, and XMR was trading at $0.50 per coin approximately. The acquisition was classified in the category of “property” in the document at that time.

Solod is the son of Natalia Korolevska and Yuriy Solod, well-known Ukrainian politicians who are members of the national parliament, the Verkhovna Rada.

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