6 Athletes Who Lost Everything After One Mistake
Jeong Ji-hyeon – An Olympic Gold Medalist Who Lost It All On Crypto
Jeong Ji-hyeon won wrestling gold at the 2004 Athens Olympics and later served as a national team coach. Then he got into cryptocurrency. “I got involved in coins the wrong way and lost almost all my assets,” he admitted on a Korean variety show. The financial devastation was so severe that he quit his coaching role in 2022 and opened a wrestling gym instead, because his salary wouldn’t be enough to support his family. “I made a bad investment,” he said. “So the pillar of the household was shaking”. One Olympic medal, one coaching career, one bad crypto bet—and it was all gone.
