How the “Wolf of Wall Street” became a crypto fanatic

“Within a few minutes, no fewer than twenty FBI agents were at my house – in full gear, with guns, bulletproof vests, extra ammunition and so on,” recalls Jordan Belfort in his biography. Then he is taken away in handcuffs. A sense of relief sets in: no more chaos, no more lies, no more drugs. He is aware of his guilt. He has carried out securities fraud and money laundering on a large scale, robbing innocent people of their savings. His bail is set at $10 million, a fraction of what Belfort owes its creditors.

While a few years ago he spoke out against Bitcoin and Co., calling them fraud, the now 60-year-old positions himself as a crypto connoisseur today. Are Bitcoin and Co. now the new object of desire for the former Wall Street guru?

Misplaced sales talent

The first thing Belfort sells isn’t penny stocks, which will later break his neck. Not a pen either, as in the scene in the unashamed Hollywood film about his life. No, the first thing Jordan Belfort sells is popsicles. He walks through New York with two cool bags, bringing refreshment to the crowds who don’t think twice about grabbing it in the scorching heat. Later he even brings acquaintances on board who sell frozen goods for him. In two months, Belfort makes about $20,000.