Christopher DeVocht, who turned $88,000 into $415 million but lost it all, is suing his investment firm and advisers for inadequate advice. RBC Dominion Securities provided a margin account and loans that backfired, leading to the portfolio wipeout. DeVocht blames RBC advisers for not recommending risk mitigation strategies. His portfolio peaked in 2021 but declined in 2022 due to Tesla and stock market crashes. Forced to sell Tesla shares and repay loans, DeVocht holds RBC and Grant Thornton LLP responsible for his losses. The lawsuit, filed in British Columbia, seeks damages and legal costs. The case, involving traditional stocks, highlights risks beyond crypto markets. DeVocht's experience serves as a cautionary tale for investors. Proposed changes in Ethereum's L2 roadmap aim to prevent similar financial disasters. Read more AI-generated news on: https://app.chaingpt.org/news