Mad

Mad is a financial entity that made $49 million by shorting cryptocurrencies and then lost $24 million trading ether in 12 seconds.

Why it’s in the news: It is in the news due to its significant and rapid financial loss in the crypto market.

Latest on Mad

• Culver’s taps Armada to revamp supply chain, targets expansion
• The 2026 Startup Battlefield 200 is here — see who made the cut
• How a 23-year old builder made AI video simple
• Jose Mourinho begins second stint with Real Madrid on mission to topple Barcelona
• Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds
• Atletico Madrid beat Malaga but Alvarez absence is felt

Connections

4 entities linked to Mad across the news graph.