archiveLatinos

Investing in Currencies

The crypto meltdown has hurt Black and Latino investors attracted to building wealth outside of traditional systems: ‘It was great until it wasn’t’

A software developer twice invested his savings in cryptocurrencies, only to lose it all. But he still promotes it to the Black community and would like to get back in himself. A recent college graduate and a single mom are dabbling hopefully in bitcoin after attending a crypto workshop sponsored by rapper Jay-Z at the public housing complex where the hip-hop star grew up. But a former executive at a cryptocurrency exchange feels disillusioned by the false promise of crypto helping her family in Ethiopia’s war-torn Tigray region. All were...