Bitcoin SV ‘Tycoon’ Michael Hudson Crashes Neon Purple Lamborghini in London, Reported OK
Apparently, a cameraman based in the United Kingdom called Andrew Laurence, found a $500,000 Lamborghini that crashed on one of the sides of the road. According to the DailyMail, the car belongs to Michael Hudson, the CEO of Bitstocks, a cryptocurrency market advisory firm.
Luxury Car Crashed By Bitcoin SV Supporter
— Yianni Charalambous (@yiannimize) March 1, 2019
Laurence decided to call the police and take some pictures. Once the police arrived, they were able to locate the owner of the vehicle. Hudson is also a speaker and leader in the cryptocurrency space.
A spokesperson from the Metropolitan police department commented about it:
“We were called to reports that a vehicle had left the road at 1.30 am this morning. A vehicle was found off the road and there were no persons present. Enquiries have been made to establish the occupants of the car. No injuries were reported.”
A few hours later, Mr. Hudson arrived and claimed the car. He explained on social media that the car damage is not to bad and that he will be releasing more information about it. Apparently, his car skidded due to the wet road and crashed next to it.
Yianni Charalambous, a recognized car customizer, helped Hudson tow his car out of a ditch blocking the road with his own Lamborghini. Moreover, he said that the Bitcoin SV supporter was not under the influence of drugs or alcohol.
This is crazy! It’s been picked up by all the national papers 🙈.
— Michael Hudson (@btchudson) March 2, 2019
Cryptocurrency investors started to purchase Lamborghini cars when Bitcoin reached $20,000 a few years ago. Those that were able to purchase Bitcoin in 2016 or the beginning of 2017 (or even before), and sold close to the ATH, spent their BTC in “Lambos,” even when it was difficult to maintain them later.