The meteoric rise of crypto has not only been the greatest creation of wealth in the last decade but also an incredible harbinger of wealth destruction. While numerous fortunes were built on the buy and hodl strategy, some of these were lost to time or technology, depending on your point of view. Investors that haphazardly tried their hand at crypto found out quick that this isn't for weak hands or weak minds.
Evgeny Lebedev has pledged to support the Standard financially after significant losses, aiming to sustain the newspaper through its restructuring and ensure its daily operations.