I have read many news that someone will mismanage people's money. I read one about a university student some years ago that gambled with the money contributed by his course mates. The main reason that is causing the money mismanagement is either trading or gambling, but I read more about gambling online. Some can be because of other reasons.
In the end, we can already guess and the use of this money will never work out well for him. In fact, in further cases the student will have much bigger problems. I have also heard of certain people who mismanaged people's money and tried to gamble because they thought they could make more money, but in the end they had problems with the law because the money was used up in gambling.
There is another one that I read today that people thought he ran away with people's money but he later confessed that he lost it to gambling. It is about a solana-based cypher developer, he confesses that he lost $300K of user funds to gambling.
There are always interesting stories of people admitting they misused other people's money and even we will hear justifications that never make sense. Please gamble but don't use other people's money and scale your gambling responsibly so that it doesn't cause problems in the future. There are no good results from using other people's money in gambling or vice versa using your own money, but being responsible for your involvement in gambling is very important.