In Focus: MegatrendsMay 17 2022

Investors in for 'double whammy' as debt-funded crypto assets crash

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Investors in for 'double whammy' as debt-funded crypto assets crash
The wipeout of TerraUSD and sister token Luna knocked $270bn off the crypto sector’s total value (Angel Garcia/Bloomberg)
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Interactive Investor has warned investors who bought crypto assets with debt could suffer a toxic combination of investment losses and more debt as the value of crypto plunged in the past month.

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