Current:Home > StocksMeet The Everyday Crypto Investors Caught Up In The FTX Implosion -BeyondProfit Compass
Meet The Everyday Crypto Investors Caught Up In The FTX Implosion
View
Date:2025-04-15 20:53:10
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! (31293)
Related
- In ‘Nickel Boys,’ striving for a new way to see
- New Twitter alternative, Threads, could eclipse rivals like Mastodon and Blue Sky
- Interest rates up, but not on your savings account
- Donations to food banks can't keep up with rising costs
- North Carolina justices rule for restaurants in COVID
- U.S. saw 26 mass shootings in first 5 days of July alone, Gun Violence Archive says
- California's governor won't appeal parole of Charles Manson follower Leslie Van Houten
- Could you be eligible for a Fortnite refund?
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- In this country, McDonald's will now cater your wedding
Ranking
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- In Alaska’s North, Covid-19 Has Not Stopped the Trump Administration’s Quest to Drill for Oil
- Elon Musk is using the Twitter Files to discredit foes and push conspiracy theories
- Biden’s Climate Plan Embraces Green New Deal, Goes Beyond Obama-Era Ambition
- Meta releases AI model to enhance Metaverse experience
- These could be some of the reasons DeSantis hasn't announced a presidential run (yet)
- Warming Trends: Asian Carp Hate ‘80s Rock, Beekeeping to Restore a Mountain Top and a Lot of Reasons to Go Vegan
- In bad news for true loves, inflation is hitting the 12 Days of Christmas
Recommendation
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
From Twitter chaos to TikTok bans to the metaverse, social media had a rocky 2022
North Korea has hacked $1.2 billion in crypto and other assets for its economy
North Korea has hacked $1.2 billion in crypto and other assets for its economy
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Warmer Temperatures May Offer California Farmers a Rare Silver Lining: Fewer Frosts
Lily-Rose Depp Shows Her Blossoming Love for Girlfriend 070 Shake During NYC Outing
Q&A: A Pioneer of Environmental Justice Explains Why He Sees Reason for Optimism