Cointelegraph•Friday, January 2, 2026 at 06:48 AM•1 min read
DeFi Pioneer **Kain Warwick** Loses $20K on **Ether** Bet
According to reports, Kain Warwick, a founder of Infinex and Synthetix, made a bad bet on Ether. The DeFi pioneer reportedly lost approximately $20,000. The development highlights the risks associated with cryptocurrency trading and investments, even for experienced individuals in the decentralized finance space. While the specifics of the bet are not detailed, the loss serves as a reminder of the volatility and unpredictability inherent in the cryptocurrency market.
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