ngl, just saw something kinda wild pop up. imagine this, ser: a literal funeral company, of all places, decided to go full degen and ape into crypto.
we're not talking a small dabble either. they apparently blew through a staggering $33 million trying to gamble on the market. like, picture explaining that loss to the shareholders or, even worse, the families whose funds might have been involved. absolute madness.
honestly, you gotta wonder what kind of treasury management was going on there. someone clearly thought they had some alpha and just went for it with
$BTC and
$ETH , maybe even some obscure altcoins. it's a harsh reminder that even big institutions can get absolutely rekt if they treat it like a casino.
definitely a cautionary tale for anyone thinking crypto is a guaranteed one-way ticket. sometimes the house wins, and sometimes the funeral company loses a fortune. wild times we live in.
#crypto #degen #rekt #fail #gambling