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Which crypto companies went bankrupt in 2022?

Here are the major crypto companies that have gone bankrupt in 2022. FTX's implosion was the biggest and most spectacular crypto downfall in 2022 thus far.

Which crypto exchange went bankrupt?

The biggest crypto exchange to go bankrupt was FTX, which peaked at $21 billion in daily trading volume. A crypto exchange going bankrupt does not mean a customer’s funds are entirely irretrievable. This is especially true if a customer holds cash, rather than crypto, on the platform. How Many Crypto Exchanges Have Gone Bankrupt?

How many crypto exchanges have gone bankrupt?

There have been 17 major crypto bankruptcies since 2009, of which there were more than 5 crypto exchange bankruptcies alone in 2022. Mt. Gox was the first major crypto exchange to go bankrupt in 2014 following a significant crypto hack and loss of funds.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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