Goldman Sachs Executive Takes Exit Door After Making Millions with Dogecoin
6 hours ago by Benjamin Godfrey · 3 min read
Photo: Shutterstock
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Dogecoin has been known to exhibit a ‘pump and dump’ kind of movement in its price. However, the recent growth performance has proven to be different.
Aziz McMahon, a former managing director at the Lond arm of investment banking giant Goldman Sachs Group Inc (NYSE: GS) has resigned from his job. According to the Guardian, the Goldman Sachs executive resigned after making millions from his investments with sensational meme-coin Dogecoin (DOGE).
Many have wondered how large the profits McMahon earned from his Dogecoin trade/investments could be as the amounts are yet to be uncovered. However, going by the meteoric rise in valuation of the Shiba-Inu-themed coin that was created in 2013, and the more than 13,000% growth record year-to-date, McMahon may be among those caught on the positive end of the bull season.