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Sunday 9 August 2026 en
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Kuwaiti man lost $2.5 million in cryptocurrency

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Kuwaiti man lost $2.5 million in cryptocurrency

A Kuwaiti man lost $2.5 million in cryptocurrency, a local newspaper reported.

According to a local newspaper, a Kuwaiti man claimed he had lost $2.5 million after a cryptocurrency went bust.

The individual, who identified himself as Abu Ahmed, stated that he had ownership of a cryptocurrency known as Luna worth $2.5 million.


“The currency collapsed and it [his investment] crashed to reach $275 only,”The Al Rai newspaper said that’s what he said. Al Rai says Kuwaiti investors lost heavily when cryptocurrencies collapsed.

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