⚠️ The Dark Side of Crypto Exchanges!

While many platforms build trust, some exchanges have made headlines for all the wrong reasons. Here are a few of the most controversial or scammed platforms in crypto history:

1. FTX – 💥 Once a top exchange, it collapsed in 2022 after misusing billions in user funds. Sam Bankman-Fried was sentenced in 2024.

2. QuadrigaCX – ⚰️ Its founder mysteriously died, and over $190M vanished, leaving users stranded.

3. Bitconnect Exchange – 🌀 Linked to one of crypto's biggest Ponzi schemes ever.

4. MT. Gox – 🧨 Lost 850,000 BTC in 2014 due to hacks and poor management.

5. Thodex (Turkey) – ✈️ CEO fled the country, and users were left unable to withdraw their funds.

Moral of the story?

✅ Always DYOR

🔐 Use regulated platforms

💼 Never store all your funds on an exchange

Stay safe out there!

#CryptoAwareness