Meet The Everyday Crypto Investors Caught Up In The FTX Implosion

2024-12-25 10:22:37 source:lotradecoin top traders leaderboard category:Finance

Jake Thacker of Portland, Ore. says he had $70,000 trapped in FTX when the the cryptocurrency exchange collapsed this month. That money may be gone.

And he's not the only one. The company's bankruptcy filing says it could owe money to more than a million people.

NPR's Chris Arnold reports on how the FTX implosion is affecting everyday investors.

And NPR's David Gura looks at whether it could spur Congress to pass new regulations on the crypto industry.

In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.

Email us at [email protected].

This episode was produced by Connor Donevan, Enrique Rivera and David West. It was edited by William Troop, Uri Berliner and Lisa Lambert. Our executive producer is Sami Yenigun.

More:Finance

Recommend

Beyoncé's BeyGood charity donates $100K to Houston law center amid Jay

Beyoncé is making a major donation to a criminal justice clinic days after husband Jay-Z was accuse

Olympic fencers who fled Russia after invasion of Ukraine win support for U.S. citizenship

Three elite Russian fencers who fled the country after Russia invaded Ukraine are seeking to become

Jennifer Lopez is sexy and self-deprecating as a bride in new 'Can’t Get Enough' video

Jennifer Lopez is ready to reclaim her musical perch.The singer-actress brought fans a step closer t