RadioShack crypto exchange: What happened and why it never existed

There is no such thing as a RadioShack crypto exchange, a digital platform supposedly run by the defunct electronics retailer to trade cryptocurrencies. Also known as RadioShack cryptocurrency platform, this idea is pure fiction — a scam built on nostalgia and confusion. RadioShack filed for bankruptcy in 2015 and closed most of its stores. It never entered the crypto space, never partnered with any blockchain firm, and never released a wallet, app, or exchange. Yet, fake websites, social media posts, and YouTube videos keep pushing this myth, luring people into depositing money into non-existent accounts.

Scammers use names like RadioShack, a once-trusted American retail brand known for electronics and parts because people still recognize it. They know you’re more likely to trust a name you grew up with than some random crypto startup. This is called brand impersonation, a fraud tactic where scammers mimic real companies to steal funds or personal data. It’s the same trick used with Amazon, PayPal, or even Coinbase. But unlike those real platforms, RadioShack has no crypto division, no team, no servers, and no legal entity handling digital assets. The crypto scam, a deceptive scheme designed to trick users into sending cryptocurrency to fraudulent wallets usually starts with a fake website, a flashy ad promising free tokens, or a fake customer support chat. Once you send even a small amount, the money vanishes — and so does the site.

What you’ll find in the posts below are real stories of failed, fake, or abandoned crypto exchanges — like Cryptopia, BitGlobal, and MyCoinStory — platforms that actually existed but collapsed under fraud, neglect, or hacks. These aren’t myths. They’re warnings. The RadioShack crypto exchange doesn’t exist because no one ever built it. But plenty of people are trying to convince you it does. Stay sharp. Check the facts. Never trust a crypto platform just because it uses a familiar name. Real exchanges don’t hide behind old brand logos. They publish licenses, team names, and audit reports. If it sounds too good to be true — and it’s tied to a company that’s been dead for a decade — it is.