🅱️iggest crypto losses in history 🔻🔻

- Bitcoin (BTC)$BTC crash: Bitcoin crashed by 65% in 2018, from $6,000 to $2,000. This crash also affected other cryptocurrencies, with the market as a whole losing 80% of its value.

- TerraUSD (UST) crash: TerraUSD, an algorithmic stablecoin, crashed in May 2022. The coin was meant to be pegged to the US dollar but fell to 10 cents, causing a loss of $45 billion in market capitalization.

- FTX crash: FTX Token (FTT) crashed in November 2022. The price fell from $22 to $5.00, an 80% drop, causing a liquidity crisis in the company.

- BitConnect crash: BitConnect, a British company, received a cease-and-desist order from the Texas State Securities Board in 2018.

The company had promised high returns but had not registered with state securities regulators.-

Coincheck crash: Coincheck, Japan's largest cryptocurrency market, was hacked in January 2018. The hack resulted in the theft of $530 million worth of NEM coins.