Mt. Gox
Magic: The Gathering Online eXchange (Mt.Gox) launched a bitcoin exchange in 2010. It let people buy bitcoin and sell using bank transfers.
The early years of Mt.Gox revealed that online currency meant new risks, such as hacks, outages, and a run-in with the US government. In 2014, clients complained that they couldn't withdraw their bitcoin and Mt.Gox filed for bankruptcy. Later it was discovered that an attacker had slowly been draining all of Mt.Gox's bitcoins. Mt. Gox was responsible for 70% of all bitcoin ever traded as of February 2014.
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