[makomk]

Cryptocurrencies seem like the least of the problems with Chinese financial institutions selling unsuitable investments to retail customers though. Sure, they might lose everything they put in, but at least it stops there. The Bank of China managed to sell aggressively (and deceptively) branded and marketed oil-futures-based investments to ordinary retail customers who ended up losing more than their total investments. (Though they may have eventually given up on trying to claim back the extra from investors.)