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South Korean funeral company reveals $33 million loss on leveraged ether ETF bet

South Korean funeral company reveals $33 million loss on leveraged ether ETF bet

9 hours ago by Crypto InsightsCrypto

A South Korean funeral services company has reported an unrealized loss of about 45 billion won ($33 million) tied to investments in leveraged ether (ETH) exchange-traded funds (ETFs). The Seoul-based Bumo Sarang, Korean for Parental Love, invested in the T-REX 2X Long BMNR Daily Target… Read More

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