Evan Luthra, a Victim of Crypto Exchange FTX, Shares His Story
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The FTX disaster was something nobody saw coming, and now one investor – a young man named Evan Luthra – has described the debacle he’s endured after losing nearly $2 million in crypto funds following the collapse of one of the biggest and most powerful crypto trading platforms in the world. Evan Luthra Has Lost a Lot of Money UBS Americas CEO Robert Wolf recently labeled FTX as a “Ponzi scheme.” Millions of investors have seen their money completely vanish after it’s been shown that FTX used customer funds to purchase items like luxury condominiums in the Bahamas. Luthra himself
Nearly half a billion dollars has been taken out of the now failed FTX exchange, and nobody really seems to know where the money went. Money Is Missing from FTX Spokespeople for the crypto exchange claim that “unauthorized transactions” are what caused the money to disappear, and it is being…