• SomeoneSomewhere@lemmy.nz
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      8 months ago

      Were there not a fair pile of ‘mom and pop’ / young idiot ‘investors’ who got on the hype train and put in thousands or tens of thousands?

      • ThrowawayPermanente
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        8 months ago

        That was probably the large majority. Anybody who knew what they were doing didn’t leave their money on FTX.

        • David Gerard@awful.systemsM
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          8 months ago

          the fall of FTX took out large swathes of the remaining crypto economy, especially in Africa. Everyone just used FTX as a shitty bank.

          but then, if they knew what they were doing, they wouldn’t have gone near crypto