Which crypto exchanges have gone out of business?

1 answers

• Safdar AlipoorFeb 06, 2024 · a year ago
  Unfortunately, several crypto exchanges have gone out of business over the years. Some notable examples include: - Mt. Gox: Once the largest Bitcoin exchange, it infamously collapsed in 2014 due to a combination of security breaches and mismanagement. - QuadrigaCX: This Canadian exchange made headlines in 2019 when its CEO unexpectedly passed away, leaving behind a tangled web of missing funds. - Cryptopia: New Zealand-based Cryptopia suffered a devastating hack in 2019, leading to its eventual liquidation. - CoinExchange: Although not as widely known, CoinExchange also closed its doors in 2019 due to financial challenges. It's important to note that the cryptocurrency industry is constantly evolving, and new exchanges may emerge while others may face difficulties. Always do your research and exercise caution when dealing with exchanges.
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