Current:Home > StocksMeet The Everyday Crypto Investors Caught Up In The FTX Implosion -Zenith Investment School
Meet The Everyday Crypto Investors Caught Up In The FTX Implosion
TrendPulse Quantitative Think Tank Center View
Date:2025-04-11 02:09:09
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 considerthis@npr.org.
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.
veryGood! (86)
Related
- See you latte: Starbucks plans to cut 30% of its menu
- Officials say 1 policeman, 6 insurgents killed as rebels launch rocket attacks in southwest Pakistan
- Lions fan Eminem flips off 49ers fans in stands during NFC championship game
- 'No place like home': Dying mobster who stole 'Wizard of Oz' ruby slippers won't go to prison
- Why members of two of EPA's influential science advisory committees were let go
- ‘Pandemic of snow’ in Anchorage sets a record for the earliest arrival of 100 inches of snow
- Serbia considers reintroducing a mandatory military draft as regional tensions simmer
- Undetermined number of hacked-up bodies found in vehicles on Mexico’s Gulf coast
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- 3 US soldiers killed in Jordan drone strike identified: 'It takes your heart and your soul'
Ranking
- The Grammy nominee you need to hear: Esperanza Spalding
- Arrests made in investigation of 6 bodies found in remote California desert
- 2024 NFL draft order: Top 30 first-round selections set after conference championships
- Prince Harry’s lawyers seek $2.5 million in fees after win in British tabloid phone hacking case
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Church of England leader says a plan to send migrants to Rwanda undermines the UK’s global standing
- Pennsylvania high court revives case challenging limits on Medicaid coverage for abortions
- 2 Democratic-leaning Michigan House districts to hold special election primaries
Recommendation
Sam Taylor
Colombia and the National Liberation Army rebels extend ceasefire for a week as talks continue
Democratic Biden challenger Dean Phillips asks Wisconsin Supreme Court to put him on ballot
Enemy drone that killed US troops in Jordan was mistaken for a US drone, preliminary report suggests
Intel's stock did something it hasn't done since 2022
Are we overpaying for military equipment?
Judge denies Cher temporary conservatorship she’s seeking over son, but the issue isn’t dead yet
Illinois election board to consider whether to boot Trump from ballot over insurrection amendment