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Story summary
- In Hanoi, Hoang Le, a first-year computer science student, began trading cryptocurrency after friends profited, with assets peaking at US$200,000 before crashing to zero.
- Le described the experience as painful but educational, saying he viewed his losses as "tuition fees."
- He noted that the initial high profits led to widespread greed.
- Vietnam allows blockchain development in a legal grey area and prohibits its use for payments while permitting speculation.
