History's biggest exchange hacks:

Mt. Gox (2014) - $460M in $BTC vanished. Still haunts the space.

Coincheck (2018) - $530M in $NEM drained. Japan's wake-up call.

Binance (2019) - $40M hot wallet breach. They ate the loss.

FTX (2022) - $600M+ stolen during bankruptcy chaos. Peak degen hours.

Bitfinex (2016) - 120K $BTC gone. Took years to recover.

Poly Network (2021) - $611M exploit, hacker returned it all. Wild.

KuCoin (2020) - $280M stolen, most recovered through chain freezes.

Not your keys, not your coins. CEX risk is real. Self-custody or accept the gamble.