Hui Yi committed suicide after a failed trading deal
In June 2019, the crypto community was shaken by tragic news: Hui Yi, co-founder and CEO of the BTE.TOP platform, committed suicide after a failed trading deal. The trader opened a short position on 2,000 bitcoins with 100x leverage, which turned out to be fatal even with small market movements.
The situation was complicated by rumors that these bitcoins might belong to the platform's clients. Some speculated theories about a staged death to avoid payouts, and a former partner confirmed his passing.
This tragic case served as a harsh reminder of how dangerous excessive use of borrowed funds is in the volatile crypto market. The high risks associated with margin trading can be fatal not only for financial health but also for mental well-being.
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