NPR

FTX investors fear they lost everything, and wonder if there's anything they can do

More than one million people may have lost their money in the spectacular collapse of the cryptocurrency trading firm. Some had big chunks of their life savings disappear into a black hole.
Jake Thacker in Portland Ore. had about $70,000 worth of investments in his account on FTX. He may have lost it all.

FTX spent big money to make trading crypto popular and gain people's trust. The company had an arena in Miami named after it and aired scores of TV commercials with superstars like Tom Brady and Steph Curry.

"I'm not an expert and I don't need to be," NBA champion Curry says in one ad. "With FTX I have everything I need to buy sell and trade Crypto safely."

Trade Crypto safely? Apparently not.

Terri Smith is an architect in the Seattle area

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