South Korea’s 7th-largest funeral company, Parents’ Love, disclosed that it had put ~59.5 billion KRW of customer funeral funds into a 2x…

ahboyashreads (@ahboyashreads), May 21, 2026, 02:02 UTC

South Korea’s 7th-largest funeral company, Parents’ Love, disclosed that it had put ~59.5 billion KRW of customer funeral funds into a 2x leveraged daily ETF tracking $BMNR (BitMine, an Ethereum-related stock) The position’s book value fell to ~10.2 billion KRW, for a loss of roughly 49 billion KRW (~$36M USD) 😭 https://blockchain.news/news/south-korean-funeral-firm-leveraged-ether-etf-loss

The excerpt is quoted from a public Telegram channel, which owns its text.

Read the original post on Telegram

More posts from ahboyashreads · All channels