Funeral company posts $33M in unrealized losses on crypto bet

Your "prepaid funeral" is actually a high-stakes crypto gamble. Bumo Sarang bet $40 million of customer funds on leveraged crypto ETFs, resulting in a $32.7 million loss. Even worse, these companies are supervised by the Fair Trade Commission rather than financial regulators, allowing them to treat your family's security like a casino. If 43% of the industry is already underfunded, why are we letting them play with our death benefits? Is your funeral fund actually safe?
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