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Over 200,000 individuals who invested in the craft brewer’s ‘Equity for Punks’ scheme are now facing a stark reality: many believe their shares have become worthless. This mass disillusionment among a significant base of crowd-funded investors highlights the potential pitfalls of alternative investment models and the high stakes involved for retail shareholders in the volatile market of craft brewing. The scheme, once celebrated for democratizing investment in the craft beer industry, now leaves a substantial number of its ‘punk’ investors grappling with the prospect of a complete loss on their investment.

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