17 Apr '15, 6am

Bitcoin Survey: 1 in 4 Bitcoin Users Defrauded by Exchanges

Bitcoin Survey: 1 in 4 Bitcoin Users Defrauded by Exchanges

What was most interesting to me was the bitcoin exchange history of those surveyed. Four out of five respondents said they were currently registered with an exchange, and one in four respondents use exchanges to buy bitcoin to spend. And a whopping 26% of all bitcoin owner respondents said that they had lost bitcoins due to “exchange risk”. Either the exchange was “hacked” , shut down with their funds inside, or their exchange account was somehow “compromised”. With the rash of closures since, and including, Mt. Gox over the last fourteen months, this reflects the news reports very well.

Full article: https://www.cryptocoinsnews.com/bitcoin-survey-1-4-bitcoi...

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