How One Coinbase User Lost $2 Million — And Why the Crypto Community Can't Stop Talking About It
How One Coinbase User Lost $2 Million — And Why the Crypto Community Can’t Stop Talking About It TL;DR A Reddit post titled “How I lost $2M by simply using Coinbase” went viral in the r/CryptoCurrency community, racking up 86 upvotes and 96 comments. The post highlights the risks that come with using centralized crypto exchanges (CEX) — platforms where the exchange holds your funds and controls access. It’s a stark reminder that in crypto, convenience and custody are often at odds. If you’re holding significant assets on any CEX, this story is worth your attention. ...