Post
Topic
Board Bitcoin Discussion
Re: From Losing Everything in FTX to Starting Over With Bitcoin
by
Lucius
on 14/06/2025, 12:14:32 UTC
I just want to share something that felt like a full-circle moment for me.
I was one of the people who had money stuck in FTX. When everything crashed and the truth about FTX came out, I really thought I would never see that money again. It was devastating. I am not someone who has a lot, so the amount I had there, around $x,xxx, felt too big to lose. It was hard to accept, and honestly, I already did. I just told myself it was gone forever.
~snip~


You've been a member of this forum since 2017 and should have learned the difference between an exchange and a non-custodial wallet a long time ago. I find such things incomprehensible, because storing so much value online with clowns like SBF is worse than gambling.

I wonder if all those who were victims of this scandal learned anything at all from everything? Do they still store their cryptocurrencies online or have they changed tactics? I think most are still going down the wrong path considering that CEXs still hold huge value in various cryptocurrencies.