What Bear Market? Crypto Exec Buys $18.3 Million Townhouse

Joe Lallouz, head of Coinbase Cloud, has bought an $18.3 million townhouse in Brooklyn, New York, according to a report by The Wall Street Journal.

The property is located in a posh residential area called Brooklyn Heights.

The townhouse, which features six bedrooms, offers spectacular views of the New York Harbor.

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Intership’s Andrew Vogel, the home’s previous owner, renovated it before putting the house up for sale in 2019.      

Lallouz co-founded blockchain infrastructure builder Bison Trails, which was acquired by Coinbase in January 2021 for an undisclosed sum of money.

In December, Coinbase CEO Brian Armstrong bought a lavish Bel Air mansion for a staggering $133 million.