The Thomson family heir lost 80 million dollars due to investment advice from a medium.

According to reports from Hash World, billionaire heir Tyler Thomson lost up to $80 million in cryptocurrency assets after believing in investment advice from a medium. She is part of the media and financial giant Thomson Reuters family. With the help of her former close friend Ashley Richardson, Thomson invested millions of dollars in crypto assets. The two consulted a medium for investment advice, and later Richardson became deeply involved in managing Thomson's cryptocurrency portfolio. During the 2021 bull market, Richardson reportedly managed over $140 million in crypto assets for Thomson. However, the mid-2022 downturn in the crypto market severely impacted the portfolio, with consulting firm Guidepost Solutions estimating Thomson's losses to exceed $80 million. The firm accused Richardson of conducting over 450,000 trades without proper authorization, exposing Thomson to high-risk strategies. Richardson denied the allegations, claiming she acted on Thomson's instructions and that there was no formal contract between them. In 2023, Thomson sued Richardson and Persistence, having since settled with Persistence, while the lawsuit against Richardson is still ongoing.

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