'Friends were contemplating suicide': The victims of the FTX collapse ⤵️ 🔴 The rich and famous have promoted cryptocurrencies, but it is small investors who will feel the pain after the financial losses suffered following the collapse of FTX
fined more than $1m
Now, with FTX’s fall, there are millions of people who have lost huge amounts of money that they believed was securely invested. In the past two weeks, social media has been awash with people who have lost thousands in the collapse, desperately searching for advice on Twitter, Reddit, and Instagram on how to get their money back.
“I don’t know a lot about FTX as a company, nor Sam Bankman-Fried. I purposefully haven’t read any recent articles about either,” he said. “There’s a part of me that wrote it off as soon as I transferred it across.”
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