The buyer of the most expensive piece of Titanic memorabilia ever sold has been identified as former FTX Europe head Patrick Gruhn.

Former executive Patrick Gruhn bought the timepiece, which was found on the body of the Titanic’s richest passenger, property magnate John Jacob Astor IV.

A gold pocket watch that belonged to the Titanic’s wealthiest passenger has sold for almost $1.5 million, over seven times more than what it was predicted to sell. The watch, which belonged to John Jacob Astor IV,

It's been well over 100 years since the Titanic sunk in the Atlantic Ocean on April 14, 1912, but it continues to fascinate people to this day. While some are just really big fans of the blockbuster starring Kate Winslet and Leonardo DiCaprio that came out in 1997,

A gold pocket watch that survived the sinking of the Titanic has a new owner: a survivor of crypto’s own biggest wreck. Patrick Gruhn, the former head of FTX's European business, paid

A gold pocket watch recovered from the body of John Jacob Astor, the richest man on the Titanic, sold on Saturday at auction for a record–breaking £1.175 million ($1.471 million). It is the highest amount ever paid for Titanic memorabilia.

A gold pocket watch, once owned by John Jacob Astor IV, the wealthiest passenger aboard the ill-fated Titanic, has fetched an astonishing price of nearly $1.5 million at auction. The unexpected windfall far surpassed initial estimates and set a new world record for Titanic memorabilia.