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This 24-year-old quit his job at hedge-fund powerhouse Citadel to build on the blockchain Terra. It collapsed two months later.

·11 min read
This 24-year-old quit his job at hedge-fund powerhouse Citadel to build on the blockchain Terra. It collapsed two months later.

Last year, Neel Somani was a quantitative research analyst working at Citadel, billionaire Ken Griffin's powerhouse hedge fund firm that manages nearly $50 billion. But at age 24, Somani quit in late February with dreams of getting rich in crypto and helping to build a more decentralized financial system. He chose to focus on Terra.