Local 3rd year finance major Monet Richman has lost more money on cryptocurrency than you will ever make. After “investing” over $2.7 million of his parent’s money on a cryptocurrency known as “PawsCoin,” Richman proceeded to lose over 99.9% of his principal over the course of a week. When asked for his reaction to losing such a life-changing amount of money, Richman reassured the Trusty Husky that, “While I may have lost some money, I gained important financial lessons that are far more valuable than a little cash. This is the stuff they don’t teach you about in class. Well, my professor never mentioned this stuff the one time I accidentally glanced away from my Coinbase account, anyways. Besides, PawsCoin is going to the moon any day now.”
Despite his financial losses, Richman has doubled down on his crypto trading, diversifying his portfolio to include a wide variety of crypto assets, only most of which are rugpulls from small internet celebrities. Flush with a fresh infusion of $1.2 million from his parents, Richman reassured our reporter that he “will make the money back.”
The Trusty Husky asked the guy who sits behind Richman in class for his thoughts, but he was too busy complaining about “wealth inequality” and “privilege” to tell our reporter anything useful. As of press time, reports were circulating that Richman had dropped out of Northeastern to work as a project manager at his dad’s company.
Efrain Ortiz contributed reporting for this article.
Image Credit: May Ferry
