NPR: Amid the hype, they bought crypto near its peak. Now, they cope with painful losses

NPR: Amid the hype, they bought crypto near its peak. Now, they cope with painful losses. “Quarterback Tom Brady and his wife, supermodel Gisele Bündchen, starred in an ad for FTX, and a commercial for Crypto.com featured Academy Award-winning actor Matt Damon. These were designed to appeal to a potential investor’s fear of missing out. ‘Fortune favors the brave,’ Damon says. The ads included little-to-no explanation of crypto, and how risky the unregulated asset is. About two weeks after that Crypto.com ad debuted, Bitcoin set a new record: $68,990. Today, it’s less than a third of that.”