Crypto-Billionaire buys $40 Million Mansion in Puerto Rico

This week a record sale was made in Puerto Rico, with the sale of a residence for $40 million. The property sold is located in the municipality of Dorado and the buyer reportedly would be a blockchain entrepreneur who has an ACT 22 decree, which is a tax exception in the island.

The real estate agency that worked on the million-dollar transaction published images of the property on its social networks and used the hashtag that relates the sale to an investor from Act 22. The property is located in Dorado Beach.

The buyer is a figure related to cryptocurrencies. In the municipality of Dorado, there are several figures related to these digital currencies, including Bitcoin, Ethereum, Ripple, Litecoin and many others.

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