Democratising finance for all? An investment app for amateurs and a student trader's death

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20-year-old killed himself after mistakenly believing he had lost $730,000 through the Robinhood app

On 12 June, 20-year-old student Alex Kearns killed himself, believing that he had just lost $730,000 through a smartphone app. To compound the tragedy, his despair was entirely needless. Far from having doomed himself to a lifetime of debt, he had, it appears, simply misunderstood what the app was telling him.

 

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