Korean funeral services company lost $33 million of its customers' money over a bad crypto bet - firm was secretly investing client funds into leveraged crypto ETFs

It wasn't even the only company siphoning customer funds. Source: https://www.tomshardware.com/tech-industry/cryptocurrency/korean-funeral-services-company-lost-usd33-million-of-its-customers-money-over-a-wrong-crypto-bet-firm-was-secretly-investing-client-funds-into-leveraged-crypto-etfs