CAPE TOWN – Earlier this month the Bank of America informed an influential venture capitalist Roelof Botha about the imminent closure of his bank account. Botha is a former chief financial officer of PayPal turned venture capitalist.
According to his tweet he has been the banks customer for 20 years. He shared the news via his Twitter account.
In response to this announcement, another South African celebrity tech entrepreneur, Vinny Lingham enquired if the move had anything to do with his Bitcoin activities. Assumptions also started arriving that this was done because the former PayPal exec may have invested in Bitcoin.
When he shared the news about his bank account being shut down without any solid explanation, assumptions started arriving that this was done because the former PayPal exec may have bought Bitcoin.