AscendEX withdrawal complaints mount as ZachXBT questions reserves
Multiple users reported delayed AscendEX withdrawals after ZachXBT flagged potential liquidity issues and urged the exchange to explain its reserves.
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Multiple users reported delayed AscendEX withdrawals after ZachXBT flagged potential liquidity issues and urged the exchange to explain its reserves.
ZachXBT flagged AscendEX after users reported withdrawals delayed for days or weeks. Hot wallet balances appeared low, fueling concerns about possible exchange liquidity. AscendEX has not publicly addressed the withdrawal delays or liquidity concerns. On-chain investigator ZachXBT has raised concerns that cryptocurrency exchange AscendEX may be experiencing liquidity challenges after multiple users reported prolonged withdrawal […] The post ZachXBT Warns AscendEX May Be Facing Liquidity Issues Amid Withdrawal Delays appeared first on Live Bitcoin News.
ZachXBT warned AscendEX may face liquidity issues after users reported delayed withdrawals and hot wallets appeared low on major assets.