This 26-year-old FTX investor lost access to $14,000 when Sam Bankman-Fried's exchange collapsed. Now he plans to keep his money in stocks.

Dec 19 2022 by Business Insider

 
Daniil Pemberton, 26, lost access to about $14,000 in the collapse of FTX.

Daniil Pemberton

In an interview with Insider, Daniil Pemberton said the collapse of FTX has rattled his trust in companies within crypto sector. The 26-year-old lost access to about $14,000 in his FTX account, which included bitcoin and ether.  Moving forward, he plans to stick to stocks and index funds. 

On November 8, when Daniil Pemberton saw headlines on the collapse of Sam Bankman-Fried's crypto exchange, he...

Continue Reading This 26-year-old FTX investor lost access to $14,000 when Sam Bankman-Fried's exchange collapsed. Now he plans to keep his money in stocks.