A Kid Made $50,000 Dumping Crypto He’d Created. Then Came the Backlash

On the evening of November 19, art adviser Adam Biesk was finishing work at his California home when he overheard a conversation between his wife and son, who had just come downstairs. The son, a kid in his early teens, was saying he had made a ton of money on a cryptocurrency that he himself had created.

Initially, Biesk ignored it. He knew that his son played around with crypto, but to have turned a small fortune before bedtime was too far-fetched. “We didn’t really believe it,” says Biesk. But when the phone started to ring off the hook and his wife was flooded with angry messages on Instagram, Biesk

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