Worst crypto scams and 'coverups' of 2022

Created By Fintech Team

After a February hack, cryptocurrency network Wormhole suffers a $320 million loss.

$615 million was lost in the Axie Infinity breach in March.

In the month of May, Terra's UST algorithmic stablecoin crashes.

In the month of June, users faced the blunt of the collapse of Three Arrows Capital.

the July 2018 bankruptcy of Celsius, was one of the biggest cryptocurrency lenders.

The largest trading platform in the world, FTX, collapsed in the month of November.