This story contains reference to suicide
When Bob (not his real name) lost over US$100,000 ($159,000) in two weeks through cryptocurrency trading, he knew he had a problem.
The 46-year-old from Europe recently checked himself into a rehab centre in Thailand, one of several centres around the world running cryptocurrency addiction programs.
Speaking to SBS Insight amid his treatment on the condition of anonymity, Bob said he believed he had been addicted to cryptocurrency since he started trading Bitcoin — the world’s first cryptocurrency — in 2016.
He made a lot of money but he has lost more and is now out of pocket by about US$500,000 ($796,000).
Cryptocurrency is virtual “money” or “tokens” built with a technology called…