Investing
Crypto Meltdown Drags Lending Returns From 25,000% to Almost Zero
Investors who harvested outsized yields are rethinking practices that were a popular way to make money in cryptocurrencies.
WATCH: Crypto Flirts With Lehman Moment in $2 Trillion Meltdown
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Times are tough in the risky world of crypto lending.
Before the market began to freeze over, Craig Bowman estimates he was making the equivalent of 25,000% annually by lending out his crypto holdings. Now, he says, his returns have collapsed – yet he’s pressing on anyway.