When Crypto Exchanges Fail: What Happens to Customers’ Money
What happened to customers of FTX, Celsius and other failed crypto platforms, why there’s no FDIC or SIPC protection for coins, and how to reduce the risk.
What happened to customers of FTX, Celsius and other failed crypto platforms, why there’s no FDIC or SIPC protection for coins, and how to reduce the risk.
Custodial and self-custody wallets, hot and cold storage, protecting a seed phrase and the security settings that stop most account takeovers.
How dollar stablecoins work, what backs them, why some failed, and what the 2025 GENIUS Act requires of U.S. stablecoin issuers and when.
A plain-English explanation of blockchains, public and private keys, transaction fees and confirmations, and why crypto transfers can’t be reversed.
How the IRS taxes crypto as property: taxable events, short- and long-term gains, staking and mining income, the new Form 1099-DA and the records to keep.
How fake recovery services, hackers-for-hire and impostor lawyers target crypto scam victims, the warning signs and where to report a loss.
How crypto investment scams start with a friendly message and end with a fake trading site, FBI figures for 2025 and the red flags to watch.
How spot bitcoin and ether ETFs work, what you own compared with holding coins yourself, fees, taxes and accounts, and the risks that don’t go away.
How to make sure heirs can find and access your crypto without exposing keys today: inventories, letters of instruction, wills and taxes.
How impostor scams push victims to crypto ATMs, FBI and FTC figures on losses, warning signs for older adults, and what to do right after paying.