Apparently I Am Not The Only Person,

that does not understand cryptocurrencies, 

or how they can disappear, as roughly 300,000 users of  Thodex, one of Turkeys largest cryptocurrency exchanges, found out went it went bust, the founder of a popular crypto exchange in Turkey has disappeared, with media reports indicating that he has fled the country with $2 billion, I wonder if that is the reason it went bust? in Turkey, anyone can establish a crypto exchange with just 50,000 liras (about $6,000 USD) in capital, reports Bloomberg, Thodex was one of the largest cryptocurrency exchanges in Turkey with 700,000 users, many lured in by an introductory offer of 'millions' of free Dogecoins. Apparently, most of those Dogecoins were never distributed, to make matters worse, media reports say that as many as 391,000 users have now suddenly lost access to their accounts, still the good news is that the whereabouts of Faruk Fatih Ozer, the founder of Thodex, is known, he has flown to Albania, taking $2 billion of investors' money with him, reports CNBC (citing local Turkish media). As you would expect, the Turkish Justice Ministry is seeking a so-called "red notice" with Interpol to arrest Ozer, he vows to return investors' money but hasn't revealed how and when he plans to do it. Meanwhile, a lawyer representing the investors said the money had become "irretrievable," according to Bloomberg, as it happens I have made at least 4 post about cryptocurrencies, and I still do not understand any of it, as I mentioned before it looks safer to keep your cash under your bed! photograph BBC.