It is well known that a number of retail investors must not be spared in the crisis situation of the crypto exchange company FTX which is the cause of 'bleeding' to the crypto market.
The same situation happened to a man named Jaime Zulueta who had just got married.
Zulueta and his wife have gone through a rough patch after some of his investments in FTX disappeared after their marriage.
Before making the investment, he became interested in FTX when the company was popular in Taiwan and wanted to invest in FTX after doing research on its founder Sam Bankman-Fried (SBF).
He added that he was so shocked and saddened that he was unable to sleep for several days when he found out about the fall of FTX which resulted in him suffering a large amount of losses.
This follows because he believes that FTX is working with the United States (US) regulator to prevent incidents like this from happening, but his view is wrong simply because of SBF and its dishonest management team.
But when asked about his faith so far in crypto, Zulueta remains confident in the potential of the digital asset because this kind of problem should not happen if the responsible parties are not greedy.
It would also like to be informed that Zulueta was fortunate to be able to withdraw some of his funds before the collapse of FTX which stopped any withdrawals to his clients.
