Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Thomson Reuters heir Taylor Thomson lost $80 million in cryptocurrency after following fortune teller's advice
7hours ago

Odaily Planet Daily News: Taylor Thomson, heir to the Thomson Reuters media empire, invested in cryptocurrencies after listening to the advice of a fortune teller and eventually lost more than $80 million. It is reported that Thomson made the investment with the assistance of her former bestie Ashley Richardson, who managed Thomson's $140 million crypto asset portfolio during the 2021 bull market. This includes a $40 million investment in XPRT, the native token of the proof-of-stake blockchain project Persistence, which is now down 99% from its historical high. Thomson has filed a $25 million lawsuit against Richardson and Persistence, accusing them of secret commission arrangements and false statements. Thomson and Persistence have reached a settlement, but the lawsuit with Richardson is still ongoing. The Wall Street Journal