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Crypto: The World�s Greatest Scam.
Top 10 Biggest Crypto Failures of � The Terra Luna/TerraUSD Crash � The May Crash � Three Arrows Capital (3AC) founders on the run. A key reason why cryptos have failed to make good on their claim to perform the role of money is technical. Indeed, the use of blockchain �. Cryptocurrencies launched in have suffered the worst, with 5, having died as of January Over 70% of cryptocurrencies listed on CoinGecko in have died, making it the worst year for project launches.

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Even though it is still in operation as a platform that rewards its users for viewing online ads, most of its initial objectives have been dropped. Celsius faced significant financial issues and could not meet customer withdrawal requests, and was placing customer deposits into high-risk investments. Three Arrows Capital 3AC , one of the largest and most established cryptocurrency hedge funds, abruptly announced that it was closing down and would be liquidating all of its assets.

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