[Thomson Reuters Heir Loses $80 Million in Cryptocurrency After Following Fortune Teller's Advice] On August 25, according to the Wall Street Journal, Taylor Thomson, heir to the Thomson Reuters media empire, lost over $80 million after investing in cryptocurrency based on advice from a fortune teller. It is reported that Thomson made the investment with the assistance of his former best friend Ashley Richardson, who managed a cryptocurrency asset portfolio worth $140 million for Thomson during the bull market in 2021. This included a $40 million investment in the native token XPRT of the proof-of-stake blockchain project Persistence, which has since fallen 99% from its historical high. Thomson has filed a $25 million lawsuit against Richardson and Persistence, accusing them of secret commission arrangements and misrepresentations. Thomson has reached a settlement with Persistence, but the lawsuit against Richardson is still ongoing.
