Get all your news in one place.
100's of premium titles.
One app.
Start reading
ABC News
ABC News
Business
Emilia Terzon

$1.4b in superannuation tied up in 'wild west' cryptocurrency as the FTX fallout continues

Mum and dad investors including pensioners are facing big losses on their superannuation and savings, after investing in the largely unregulated "wild west" of cryptocurrency markets.

Brisbane-based couple Sharon and Alan Saul are among the "scared" investors.

The self-employed pair in their 60s have about one quarter – or $50,000 – of their superannuation tied up in a Brisbane-based cryptocurrency broker, Digital Surge.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.