Maverick billionaire Mark Cuban was among investors burned in a spectacular crypto crash which saw the cryptocurrency TITAN slide from $60 to $0 in less than one day.
One unproven theory is the TITAN crash was a "rug pull", where the developer of a cryptocurrency abandons the project and runs away with investors' funds.
Another theory is simply that confidence in TITAN began to evaporate as its price tipped and headed south.
As large investors known as "whales" cashed out, causing further panic, a death spiral was set in motion.
The end result of the mass sell-off saw TITAN lose nearly all its value last week, when it dropped from over US$60 on June 16 to fractionally above zero the following morning.