[dvko]

> Now, I'm one of the fortunate ones, because I didn't keep all (or even most) of my savings in GUSD and Earn; I keep most of my savings in the form of low-risk ETFs (VOO and VTI)

Is this a US thing or what? Don’t keep money you may need in the short term (< 5 years, at least) in stocks. A stock ETF is not low-risk, cash and bonds are.

[tombert]

Well, I didn't keep money I would need in the short term in stock; I kept it in GUSD and Gemini Earn, because I believed their marketing.

I'll admit that I definitely should have done more investigating on my end, and I'll take my share of the responsibility on that, but that doesn't absolve the Winklevoss twins and SBF from responsibility. An "obvious" scam is still a scam.

EDIT:

Just to clarify, I actually agree with your point. It's good practice your short-to-mid-term savings in FDIC-insured savings accounts, bonds, and treasury bills; basically stuff with nearly-zero risk. Since the fiasco with GUSD I've been saving my shortish term stuff in treasury bills specifically for this reason (and because they're a bit more tax efficient in a place like NYC).