Russia was invading, so a Ukrainian converted his life savings of $10,500 into the crypto token terra. Then the token crashed.

• A Kyiv resident wanted to protect his savings to avoid risks from Russia’s war, per The Guardian.

• He put the $10,500 sum into terra, a “stable” crypto token that later crashed in value.

• The Ukrainian’s account is one of many stories of retail investors being burned by the crypto crash.

Yuri Popovich thought it seemed like a…