Predatory loan apps in India rake in huge fees, and are driving some users to suicide

Predatory loan apps in India rake in huge fees, and are driving some users to suicide

On a clear afternoon, Laxmi (name changed) was sitting in her office in Gujarat, India, when she received a message from her distant relative, saying that they received some of her “morphed” nude photos from multiple phone numbers on WhatsApp along with a text that reads, “loan thief.” “I was numbed and clueless,” she said. […]

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Levered up, doubled down

Levered up, doubled down

Ever since Celsius halted withdrawals last month, it seems like a new crypto project has been going under almost daily, with Peter Thiel’s Vauld and publicly traded Voyager being two of the latest. While crypto downturns have certainly taken place before, this time around, it seems like things are different because of how intertwined the […]

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