There’s no getting round it, June was a disastrous month for cryptocurrency.

Though cryptocurrency costs have trended down for the higher a part of 2022, buyers actually had the rug pulled out from underneath them previously two months. With bitcoin costs particularly plummeting to values not seen since 2020, exchanges and lenders have been compelled to do one thing few anticipated. One after one other, companies halted or severely restricted withdrawals, leaving buyers unsure whether or not they would ever see their actual life cash once more.

Though a few of these companies have since resumed withdrawals, others have solely provided notes of optimism with out tangible guarantees. Tright here’s purpose to consider the worst should lie forward. In an interview with Forbes earlier this week, Sam Bankman-Fried, the founding father of the huge crypto change FTX, mentioned he was pouring lots of of tens of millions of {dollars} into struggling exchanges to maintain them afloat, however added there are others who he believes are already “secretly insolvent.”

“There are companies that are basically too far gone and it’s not practical to backstop them,” Bankman-Fried mentioned.

Here are a handful of the crypto and exchanges and funding companies who’ve already needed to reckon with withdrawing freezes.