Cryptocurrencies have started to attract a lot of attention especially in the last few years. The increasing interest of investors in crypto assets is obvious many domestic and foreign trade fairs It made them take action to get a piece of the pie.

However, in this process, some cryptocurrency exchanges managed to achieve great success, while others went bankrupt with dramatic collapses.

Let’s start with examples from around the world. Japan-based Mt. Gox went bankrupt in 2014.

Mt., which managed to become one of the largest exchanges in the cryptocurrency world after its inception. Gox, 850,000 Bitcoins His disappearance sent it shockingly into bankruptcy.

This loss was so great that it was not in circulation at the time. 7% of all Bitcoins It corresponded.

The exchange called BTC-e is located in Mt. It was shut down because it was laundering cryptocurrencies stolen from Gox.

Alexander Vinnik, the founder of the exchange, which was shut down by the US government in 2017 on charges of money laundering. 4 billion dollars He was held responsible for Bitcoin laundering.

New Zealand-based Cryptopia went bankrupt following a cyberattack in 2019.

As a result of the cyber attack The exchange, which lost millions of dollars in cryptocurrency, was forced to go bankrupt.

On the attack worth $16 million Cryptocurrency is known to have been stolen.

QuadrigaCX, one of Canada’s largest exchanges, went bankrupt in 2019.

Disappeared after the sudden death of its founder, Gerald Cotten. Cryptocurrency worth $190 million disappeared.

The reason for this situation is that Cotten all digital keys It is shown that he personally manages it.

When it became apparent that the financial structure of the stock exchange was inadequate and poorly managed, this happened The crisis could not be overcome and the stock market went bankrupt.

Let us continue with examples from our country. Thodex caused a great scandal when its founder fled abroad.

Thodex, which aims to be one of the largest cryptocurrency exchanges in Turkey and advertises with many well-known names, was launched in 2021 by founder Faruk Fatih Özer. investors who flee abroad with their money It shocked investors.

Turkey-based VeBitcoin also closed down in dramatic fashion, leaving investors stranded.

It ceased operations in 2021 and has a lot to offer. serious accusations Vebitcoin went bankrupt due to financial problems and difficulties in complying with regulatory requirements.

This situation, many investors suffered from it causes.

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