Was Wealthsimple wrong to bet on crypto?
The Big Story
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Introduction
An estimated 200 billion has been wiped from the broader crypto market just since last friday. Coin base, one of the biggest crypto trading platforms, now says it's laying off 18 % of its work force. As crypto currency invest moves into the main stream, how do more traditional investment houses balance the opportunity it offers? Do want your bank or your broker pushing the next big thing? If so, what kind of duty do they have to accurately caution you about the risks you're taking? And when a huge chunk of the money that those coveted new clients brought to companies like wealth simple goes poof, what happens next?
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Transcript
