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Cross recently told Bloomberg that that the liquidity crunch had “now killed the ZiG.” “The ZiG has retreated as a currency of trade and effectively we have dollarised,” he said.
Verra, the Washington, DC-based nonprofit that creates rules for carbon offsets and oversees the Kariba project, announced it would put the project “on hold” pending an investigation.
Musk was knocked out of first place by LVMH CEO Bernard Arnault in December, after shares of Tesla fell after his $44 billion acquisition of Twitter. Most of Musk’s wealth is tied to Tesla’s stock.