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The story of Kiarash Hossainpour is actually a warning that feels like a lesson. This 22-year-old German with Iranian roots became a textbook example of how quickly you can lose everything when you rely too heavily on digital assets.
It all started relatively innocently. Hossainpour received his first computer at age ten from his father, a computer scientist. His father was strict: anyone who wants to make money with a computer must first learn to program. So he did. At 13, he launched his YouTube channel—first with gaming tips, then with WordPress web design for just under $30 per page. In 2014 came the first Bitcoin payment—and his brain started working.
At the end of 2015, he took the big step: nearly €40,000 in Bitcoin. His parents were unsettled, asking whether it was legal—whether it was real money or just fraud. His father warned him that these millions were nothing more than numbers on a screen. But Hossainpour saw it differently. He used his growing wealth as proof of his success and built an entire empire as a finance influencer—his YouTube channel, his social media presence, hundreds of thousands of followers.
The photos showed him in a Rolls-Royce, in a Lamborghini, with Cuban cigars. The message was clear: if I can do it, you can too. His advice was often sensible—invest only what you can afford to do without—but the staging told a different story.
Then came spring 2022. The crypto market crashed. Bitcoin fell massively, but the worst hit him elsewhere: Luna, this cryptocurrency he had bet on with messianic fervor on his channel. Luna lost 99 percent of its value. Overnight, Hossainpour had lost up to 90 percent of his digital investment portfolio. The wealth was gone.
What’s remarkable is: he doesn’t give up. In an interview with Business Insider, he said he would continue investing in Bitcoin. He sees himself as a strategic investor—someone who doesn’t panic. Today, Bitcoin is traded at about 70,870 dollars per unit, far away from its all-time high of 126,080 dollars, which it reached. Still, it remains the steadiest cryptocurrency in his portfolio.
Hossainpour blames the incompetence of the Luna team for the crash. His famous sixth sense, which helped him attract hundreds of thousands of followers, let him down this time. The problem was: he wasn’t just an investor—he was also an influencer. Thousands of people followed his advice, and many lost substantial sums in the process.
The whole thing shows something important: getting rich quickly is tempting, but Kiarash Hossainpour’s wealth was always only as stable as the market it was based on. And that market can be brutal. His story is less about Bitcoin or cryptocurrencies in general, and more about the risks of building wealth without truly understanding the fundamentals—and then luring others into the same trap.