Which cryptocurrency scandals in 2017 had the most significant consequences for investors?

1 answers

• May 16, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can say that one of the cryptocurrency scandals in 2017 that had a significant impact on investors was the collapse of the Bitfinex exchange. The exchange was hacked, resulting in the loss of approximately 120,000 bitcoins. This incident not only led to financial losses for investors but also raised concerns about the security of cryptocurrency exchanges. It highlighted the need for better security measures and prompted investors to reevaluate their trust in centralized exchanges. It's important for investors to conduct thorough research and choose reputable exchanges to mitigate the risks associated with such scandals.
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