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What happened to crypto?

Crypto's fortunes have plummeted in recent months since Celsius became the first major crypto platform to implode last year, its bankruptcy in July freezing at least $4.2 billion for 600,000 Americans, according to court papers, and foreshadowing the collapse of FTX four months later.

What do experts say about Big crypto concerns?

What experts say about big crypto concerns: ‘You have to be mentally prepared’ In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is displayed on April 03, 2019 in Paris, France.

Who deposited money with a collapsed crypto lender?

More than half a million people who deposited money with collapsed US-based crypto lender Celsius Network have been dealt a major blow to their hopes of recovering their funds, with the judge in the company's bankruptcy case ruling that the money belongs to Celsius and not to the depositors.

What crypto platforms have been hacked?

Earlier this month, another crypto platform called Poly Network was also hacked, and lost $610m of its customers' funds. Dozens of other hacks against cryptocurrency platforms have seen at least £1.6bn stolen by hackers since 2014. BitGrail: $146m was hacked from the Italian exchange in 2018. It's estimated that 230,000 BitGrail users lost funds.

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