Crypto investors rarely recover losses from dead projects. Even when they do, it takes years and payouts are typically a fraction of original investments.

Key risks: If the SEC wins enforcement cases, victims split whatever's recovered—not what they lost. Exchange delistings can force automatic conversions at rock-bottom prices if you miss notifications.

The author's takeaway: Only invest what you can afford to lose completely.

Question to the community: Has anyone actually gotten money back from a failed crypto project?