[Archive] Custodial Crypto Exchanges and FTX -- A Cautionary Tale

:classical_building: Archived Content from Web3Auth Community

This topic was originally posted by shahbaz on 4/15/2024.
This content has been migrated from our previous community forum to preserve valuable discussions.


12th November, 2022:

“These are my hard-earned savings.”

“FTX US was supposed to return my $25,000 via ACH to my bank account. They have not done so and are not responding to customer service messages.”


This is a companion discussion topic for the original entry at https://blog.web3auth.io/the-curious-case-of-custodial-crypto-exchanges