BlockBeats News, June 6th, James Wynn posted on social media, saying, "Never use leverage trading."
BlockBeats previously reported that James Wynn's assets have retraced about $100 million from the peak. He had confessed in a post 5 hours ago, admitting that he realized he had lost control and was essentially gambling. He both wanted to recover his losses and was afraid of being ridiculed for "not being able to hold on to 1 billion in profits," so he kept digging himself deeper.