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Meet The Everyday Crypto Investors Caught Up In The FTX Implosion

Meet The Everyday Crypto Investors Caught Up In The FTX Implosion

FromConsider This from NPR


Meet The Everyday Crypto Investors Caught Up In The FTX Implosion

FromConsider This from NPR

ratings:
Length:
12 minutes
Released:
Nov 21, 2022
Format:
Podcast episode

Description

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.
Released:
Nov 21, 2022
Format:
Podcast episode

Titles in the series (100)

Every weekday afternoon, the hosts of NPR's All Things Considered help you make sense of a major news story and what it means for you in 15 minutes. In participating regions, you'll also hear from local journalists about what's happening in your community.