Current:Home > MarketsMeet The Everyday Crypto Investors Caught Up In The FTX Implosion -EquityZone
Meet The Everyday Crypto Investors Caught Up In The FTX Implosion
TrendPulse View
Date:2025-04-09 11:39:55
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 [email protected].
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! (195)
Related
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Tell us how AI could (or already is) changing your job
- Q&A: Eliza Griswold Reflects on the Lessons of ‘Amity and Prosperity,’ Her Deep Dive Into Fracking in Southwest Pennsylvania
- Soaring pasta prices caused a crisis in Italy. What can the U.S. learn from it?
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Why Jennifer Lopez Is Defending Her New Alcohol Brand
- Progress in Baby Steps: Westside Atlanta Lead Cleanup Slowly Earns Trust With Help From Local Institutions
- Receding rivers, party poopers, and debt ceiling watchers
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Frustration Simmers Around the Edges of COP27, and May Boil Over Far From the Summit
Ranking
- Skins Game to make return to Thanksgiving week with a modern look
- An EPA proposal to (almost) eliminate climate pollution from power plants
- Biden’s Been in Office for More Than 500 Days. He Still Hasn’t Appointed a Top Official to Oversee Coal Mine Reclamation
- In an Attempt to Wrestle Away Land for Game Hunters, Tanzanian Government Fires on Maasai Farmers, Killing Two
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Here's what could happen in markets if the U.S. defaults. Hint: It won't be pretty
- What you need to know about the debt ceiling as the deadline looms
- In Portsmouth, a Superfund Site Pollutes a Creek, Threatens a Neighborhood and Defies a Quick Fix
Recommendation
Military service academies see drop in reported sexual assaults after alarming surge
Can ChatGPT write a podcast episode? Can AI take our jobs?
The Botanic Matchmakers that Could Save Our Food Supply
A Fear of Gentrification Turns Clearing Lead Contamination on Atlanta’s Westside Into a ‘Two-Edged Sword’ for Residents
Buckingham Palace staff under investigation for 'bar brawl'
OceanGate Suspends All Explorations 2 Weeks After Titanic Submersible implosion
Teen Mom’s Kailyn Lowry Confirms She Privately Welcomed Baby No. 5
One Year Later: The Texas Freeze Revealed a Fragile Energy System and Inspired Lasting Misinformation