The Son of the Pakistani Minister Loses $100M in Crypto: A Lesson in Risk

A scandal has shaken the crypto community in Pakistan. It is reported that Ali Dar, son of Foreign Minister Ishaq Dar, suffered losses of approximately $100 million in cryptocurrency trades between July 25-27, 2025.

Why is it News?

It's not just lost money. It's a wake-up call about the unforgiving crypto volatility that spares no one, not even the powerful:

The rich also lose. When the family of a high-ranking politician burns in the market, it sends a clear message: crypto is crypto, no matter your wallet.

Unregulated platforms. Most experts suspect that the operations occurred on unauthorized exchanges, amplifying the risk. This reinforces the urgency for regulated infrastructure.

Impact on the local market. Pakistani traders are now more cautious. The fear of contagion is real.

The Positive Side

As panic spreads, Pakistan moves towards regulation:

• Pakistan Crypto Council (PCC) and PVARA (Virtual Assets Regulatory Authority) are already in motion
• Transparency and institutional control will attract serious investment
• Retailers will finally have protection against these disasters.

In Short

A loss of $100M for a connected politician is not just a gossip headline. It is a turning point for Pakistan to build a mature, secure, and regulated crypto market. Sometimes we need a big player to fall for everyone to learn to walk better.