Crypto bros offloading G-Wagons, luxury cars amid FTX crash

Crypto bros are running on empty — and appear to be offloading their fancy cars amid the fallout from the FTX implosion, which has rippled through the cryptocurrency market and caused the value of digital coins to plummet

An uptick in like-new models of sought-after luxury cars have hit resale sites such as AutoTrader in recent weeks, but they’re not fetching the premium prices they once did. The Mercedes Benz G-Wagon — the unofficial “new money” badge of the crypto rich — was once valued around $300,000 in the resale market but is now closer to $200,000, car experts say. Other luxury vehicles such as Lamborghini Urus and McLaren Spiders have also taken a hit.


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