Crypto Leverage: a Controversial Chinese Export

Crypto Leverage: a Controversial Chinese Export

From The Wire China Podcast by The Wire China

April 17, 2026 · 20 min

About this episode

The episode discusses the controversial trend of leveraging in cryptocurrency, focusing on its origins in China and featuring journalist Grady McGregor.

In the high-stakes world of cryptocurrency, traders are writing big checks with borrowed funds — a risky investment trend known as leveraging. To understand whether this will help or hurt the industry, The Wire looks back at the trend's emergence in China. In this episode, we are joined by a new guest: journalist Grady McGregor, who discusses his upcoming piece on crypto leverage and its Chinese origins with features editor Tom Mitchell. His cover article will be published this weekend on our...

People in this episode

Host: Tom Mitchell

Guest: Grady McGregor

Topics covered

  • cryptocurrency
  • leverage
  • investment trends
  • China
  • journalism

Keywords

  • crypto
  • leverage
  • China
  • investment
  • journalism
  • trading
  • risk

Mentioned in this episode

Organizations: The Wire, The Wire China

Places: China

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