Crypto Lexicon – REKT

The term for today is REKT.

Borrowed from online gaming slang, REKT means wrecked or ruined, usually in reference to a big loss suffered in a cryptocurrency trade.

An example from a reddit post: “I saw a 12 Million Dollar position get liquidated last night, some people got completely rekt.”

Crypto users can also be REKT if their online wallets get hacked or they invest in a scam.

In short, any misfortune in the crypto world can leave a crypto user REKT.

by Jyotsna VRTTNews Staff Writer

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