Crypto Companies in Southern California Face Threats as Wildfires Force Evacuations

Historic wildfires have swept across the greater LA area in southern California. So far, the massive fires have collectively burned more than 15,000 acres and forced the evacuations of over 100,000 residents. Fueled by high winds and months of drought, the Pacific Palisades fire near the beach communities of Santa Monica and southern Malibu has already burned over 1,000 structures. The inland Eaton fire near Pasadena has also burned hundreds of structures. 

On Wednesday night, an offshoot Sunset fire sparked evacuations in the Hollywood Hills. Soon, news watchers lost track of the many fires in the inland empire and other southern California areas, including the Hurst, Lidia, Bridge, Turbine, and Viewline fires. As well as threatening millions of California residents, the rapidly spreading blazes are threatening several crypto companies and prominent community members. Indeed, a number have already lost their homes and belongings, including precious hardware wallets. Unbelievably, Polymarket is accepting and advertising crypto bets on the deadly outcome of the wildfires. companies near the LA wildfires