The CoinTiger platform is a global and innovative crypto asset exchange that provides multi-cryptocurrency trading services in multiple languages to blockchain enthusiasts around the world. However, in August 2019, the platform experienced a security breach that resulted in the theft of 400,000 PTT coins.Unfortunately, no compensation was paid to the affected users. This incident highlights the risks associated with cryptocurrency exchanges and the importance of implementing robust security measures to protect user funds.It is crucial for users to exercise caution when using cryptocurrency exchanges and to conduct thorough research before depositing funds. Storing funds in a personal wallet rather than on an exchange can also help mitigate the risk of theft.Additionally, it is advisable to use exchanges that have a strong track record of security and have implemented measures such as cold storage for user funds and two-factor authentication for account access.Overall, while cryptocurrency exchanges provide a convenient platform for trading digital assets, users should remain vigilant and take necessary precautions to protect their funds.

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