Questions tagged [lost money]

Tommaso Fri Sep 13 2024 | 5 answers 974

What specific investors or groups of investors were impacted by the collapse of FTX? Were there any prominent figures or companies that had significant investments in the exchange? How much money did they lose, and what impact did it have on their financial standing? Did these losses have any Ripple effects on the broader cryptocurrency and finance industry?

CryptoAce Fri Sep 13 2024 | 7 answers 2174

Have you heard about the recent FTX scandal? It's been a big topic in the world of cryptocurrency and finance lately. I'm curious, which celebrities were affected by this and lost money in FTX? I know some high-profile individuals have been associated with the exchange, so I'm wondering if any of them suffered financial losses as a result of the collapse. I'd love to hear your thoughts on this, and any insights you may have into the situation.

Daniele Wed Sep 11 2024 | 7 answers 1147

Who exactly lost money with FTX, and how widespread was the impact? Did it primarily affect retail investors, large institutional investors, or both? Were there any specific regions or demographics that were disproportionately affected? How much money was lost in total, and how did this compare to other notable cryptocurrency failures in the past? Did FTX's collapse have any Ripple effects on other cryptocurrency exchanges or markets? Lastly, what steps are being taken to ensure that similar incidents do not occur in the future, and how can investors protect themselves from such risks?

CosmicWave Tue Sep 10 2024 | 7 answers 1356

Hello there, I'm curious about how one might recover lost money in cryptocurrency. As an investor in this space, I've heard horror stories of people losing significant amounts of funds due to various reasons like hacks, scams, or simply forgetting their wallet passwords. Can you provide some insight into the steps that can be taken to potentially retrieve these lost funds? Are there any best practices or preventive measures that investors should be aware of to minimize the risk of losing their crypto in the future?

Caterina Sun Sep 08 2024 | 5 answers 1238

Sure, here's a possible description in the tone of a questioner, with a word count of no more than 300: "Hey, I've been investing in cryptocurrencies for a while now and I've noticed that the market can be pretty volatile. Recently, I've taken a hit on some of my investments and I'm wondering if I'm still obligated to pay taxes on my crypto, even if I've lost money. I've heard that some countries treat crypto like property or assets, so I'm not sure how the tax laws apply in my situation. Can you help me understand whether or not I need to pay taxes on my crypto, even if I've lost money?