All In at the Crypto Casino

How America got high on the crypto bubble — and lost it all.

Illustration by Philip Lindeman

It took Michael three years to become a millionaire and only three days in May to lose it all. The thirty-six-year-old Prague-based IT professional had a simple system in place: deposit a portion of his paycheck into various cryptocurrencies and then sit back and watch the “number go up,” as they say in crypto slang. […]