A Reddit user took out $76,672 in loans to trade meme stocks and lost nearly all of it.
Aaron, a software engineer from Munich, took out tens of thousands of dollars in loans to trade stocks.
The subreddit shot to fame in 2021 when it made some retail traders into millionaires while bankrupting others, often through trading meme stocks in "short squeezes."
Bed Bath & Beyond, Aaron's meme stock of choice, has lost 88% of its value since January 2021.
Within two months of accessing his girlfriend's money, he lost $6,000 of it betting on meme stocks.