THE ROCK TRADING towards failure

Hello crypto investor friends,

Just last night, I watched some videos from certain people who call themselves content creators, who a few months ago, in my opinion, falsely encouraged the use of this cryptocurrency trading platform called The Rock Trading, which we can define as a Made in Italy platform founded way back in 2013 by a team of various experts in the financial and IT sector, that not only offers people the opportunity to buy and sell different cryptocurrencies including Bitcoin, Ethereum, but also provides custody and wallet services allowing users to securely store their cryptocurrencies within the platform.

Watching these videos made me laugh a bit because they defined this platform as super secure because technically it is quite compliant with Italian regulations and they believed it was very attentive to security because of its high liquidity.

I don't know if many of you know, but according to recent investigations, not only have all cryptocurrencies from cold wallets disappeared, but it seems that there is a hole of about 20 million euros and with a client base of around 12,000 people, it seems that bankruptcy is now looming, but this will be discussed in early April, leaving many people disheartened.

Certainly, part of this responsibility lies with the BDO auditing company and their responsibility will be determined in both civil and criminal proceedings, but the fact remains that many people in Italy will be financially strained.

This once again shows that when you delegate these companies to manage your cryptocurrencies with their wallets, you are no longer the owner of these cryptocurrencies, and this is what these YouTubers should understand and teach, who were probably incentivized by this company to advertise for them. This also shows that one should use their own head when making investments and not listen to these crypto gurus who, in many cases, make you lose all your money.

Fortunately, for some time now, I have been managing my own cryptocurrencies with my own wallet, which may be difficult for some people, but we need to learn from this, in my opinion, to get closer to the world of cryptocurrencies because it is hard to trust other people.

---

Created with AI

---

It's just that I'm sorry that they gave this bad publicity to this platform, continuing to insist that it's reassuring because it's regulated, but how much money has been lost by several savers in Italy who had also invested in banks that were controlled by the Bank of Italy and the ECB? Quite a lot, especially in my region. In fact, it is estimated that with the crack that happened a few years ago with the former Banca Popolare Vicentina, more than 110,000 people were impoverished and 5 billion euros were lost, which is a really huge amount.

Thank you for reading this post until the end. I hope you found it interesting and I hope that people will eventually understand not to delegate anyone with their cryptocurrencies. See you soon and I wish you a good day.