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Can the money lost in futures speculation be recovered?
Legal analysis: of course, it can't be collected. Futures is a high-risk and high-yield investment. If you don't have certain risk tolerance, it is not recommended to do futures.

Legal basis: Provisions of the Supreme People's Court on Several Issues Concerning the Trial of Futures Dispute Cases Article 31 Where a futures exchange allows a futures company to open or continue to hold positions under insufficient margin, it shall be deemed as an overdraft transaction. Where a futures company allows customers to open positions or continue to hold positions without or with insufficient margin, it shall be deemed as an overdraft transaction.