‘My total balance should be $20 million’: I invested $1.1 million in a crypto platform. Have I lost it all?
“I invested on the recommendation of an executive vice president of a major New York investment bank.”
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# Summary An investor deposited $1.1 million into a cryptocurrency platform based on advice from an executive vice president at a major New York investment bank, but now questions whether the entire investment has been lost, suggesting potential fraud or platform collapse. The case highlights significant risks in crypto investments promoted by traditional finance professionals and raises concerns about due diligence and regulatory oversight of digital asset platforms.
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