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Evening Standard
Evening Standard
Entertainment
Giulia Crouch

Trillions lost and lives ruined: inside crypto’s ‘Lehman Brothers’

Crypto Bitcoin Brian Armstrong Elon Musk KSI Susannah Streeter Coinbase LUNA Suicide

A crypto-crash has caused investors to lose vast sums of money

(Picture: Evening Standard )

Even if you know nothing about crypto, Bitcoin baffles you, and you thought Ethereum was a Marvel character, what’s not hard to understand is that a crypto-crash has caused investors to lose vast sums of money and in some cases, everything they had.

The crash was so spectacular that some people are calling it the Lehman Brothers of the crypto world. The market value of cryptocurrencies, almost £2.4 trillion in November, is now just £1 trillion.

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