King of Crypto’ cost one British man millions
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Sunil Kavuri had hoped Sam Bankman-Fried could turn things around before the final collapse.

Despite Crypto’s empire crumbling, Kavuri remained calm while others panicked.

Trading for banks and investing in crypto made him hardened to market dramas.

Bankman-Fried – the self-appointed savior of crypto – kept telling the world everything would be alright.

A message appeared on the screen – withdrawals were suspended.

Last November, FTX, once the world’s second-largest cryptocurrency exchange, declared bankruptcy. Kavuri’s years of savvy, stressful, and successful trading were over.

There was no sign of his $2.1m (£1.7m).

He says he spent 24 hours on the computer refreshing the page and trying to contact FTX support to get his money out. “I felt sick. I just thought, ‘Oh my God, I’ve lost everything.'”

Kavuri, who lives in the East Midlands, was saving money for a new house and for his son’s education, but now all he has is the paper trail.

According to reports, he is the worst-hit British victim of the FTX collapse.

Cryptocurrency had been marketed as a safe way for anyone to get involved.