Over the past two years, a boom in cryptocurrency prices has propelled a generation of millionaires, catapulting industry executives and even some regular investors to extraordinary wealth. But lately, the crypto market has crashed. Last week, the collapse of a so-called stablecoin helped trigger a broader meltdown, sending the price of Bitcoin plummeting and wiping $300 billion of value from the wider crypto economy. Some investors who had put their life savings in the crypto market lost everything.
The New York Times reports on the human consequences of the recent crisis and the broader volatility in cryptocurrency prices. We want to talk with investors about their experiences. Did you lose money in the recent crash? Were you an investor in Luna or TerraUSD, the sister currencies that crashed the most dramatically? Have your other crypto bets over the years resulted in lost savings?
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