A Goldman Sachs (NYSE:GS) managing director reportedly left the job after making a significant amount of money with Dogecoin (CRYPTO: DOGE).
What Happened: According to a recent eFinancialCareers report, Managing Director and Head of Emerging Market sales Aziz McMahon at Goldman Sachs London office resigned after making millions trading Dogecoin.
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The news outlet admits that the rumor was confirmed neither by Goldman Sachs nor McMahon, but the director's colleagues purportedly confirmed his departure.
What Else: According to CoinMarketCap data, Dogecoin's price rose over 147 times since January, hitting its record high of $0.7159 on May 8, before correcting by over 28% to its current price of $0.5077.
See also: Goldman Sachs Leads $15M Investment Round In Crypto Analytics Firm Coin Metrics
At its highest, the coin's market cap reached $92.7 billion, higher than silicon manufacturer's Advanced Micro Devices, Inc. (NASDAQ: AMD), home-sharing firm Airbnb Inc (NASDAQ: ABNB), or petrochemical giant BP plc (NYSE: BP).
Since late April, the coin has kept its market cap above Ford Motor (NYSE: F) and Kraft Heinz (NASDAQ: KHC).
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