Let this List be a reminder that nothing is too big to fail or completely trustless as long as they operate as an entity !

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We all have our favorite entity / corporation / business in crypto due to many reasons (they provide services, they support crypto, etc..).

Here is the list of bankrupted crypto related companies to remind you that nothing is too big to fail and completely trustless !

- Mt.Gox (2014)
- Quadriga (2019)
- Three arrows capital (2022)
- Celsius (2022)
- Blockfi (2022)
- Terra Luna (2022) - FTX (2023)
- Genesis (2023)
- Voyager (2023)

So whenever you find yourself defending a crypto related centralized entity, you may be cheering for the sinking ship and not know it yet.

It's all about personal wealth protection and decentralization afterall, isn't it ?