$ACX / $SCRT

The year 2024 witnessed many negative events in the cryptocurrency market, despite the gains and price increases.

1. El Salvador's withdrawal from Bitcoin: After adopting it as a legal currency, El Salvador was forced to abandon this decision due to its economic crisis and the need for IMF loans, which was a setback for investors.

2. FTX platform compensation failure: Despite recovering huge amounts of money, customers suffered due to compensation in US dollars and at old prices, which missed the opportunity to benefit from the market's rise.

3. Governments selling Bitcoin: Germany sold large quantities of Bitcoin at auction, which caused great selling pressure and raised fears of similar steps from other countries.

4. WazirX platform hack: India witnessed the theft of $ 230 million from the platform, which affected investor confidence despite promises of compensation.

Events show that risks and scandals continue in the crypto market, despite its significant growth.