- A 24‑year‑old Seoul student turned 20 million won into nearly 300 million won using 5x margin, lost it all in weeks when the market swung, and says he'll borrow again.
- Retail leverage has surged—margin loans hit about 38.6 trillion won and total investor debt roughly 60 trillion won—as the Kospi’s wild rally and sharp drops fueled a boom‑and‑bust trading frenzy.
- Regulators quickly pulled new single‑stock leveraged ETFs after approving them, citing risks—and many young Koreans say sky‑high housing costs push them toward risky leverage.
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