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ZachXBT Warns AscendEX Users of Potential Liquidity Issues and Delayed Withdrawals

Covered by 2 sources · 2 articles

2 outlets - including Coinedition and Cryptopotato - are covering this story. ZachXBT has alerted the crypto community to possible liquidity problems at centralized exchange AscendEX. He cited multiple user reports of withdrawal delays lasting days or weeks, along with low reserves of major tokens such as Ethereum (E…

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CoinEdition Jun 27, 12:43 UTC

ZachXBT Warns AscendEX Delaying Withdrawals Due to Liquidity Issues

ZachXBT has alerted the crypto community to possible liquidity problems at centralized exchange AscendEX. He cited multiple user reports of withdrawal delays lasting days or weeks, along with low reserves of major tokens such as Ethereum (E…

ZachXBT Warns AscendEX Users of Potential Liquidity Issues and Delayed Withdrawals
CryptoPotato Jun 26, 22:04 UTC

ZachXBT Warns AscendEX Users of Potential Liquidity Issues and Delayed Withdrawals

On-chain analysis reportedly found limited holdings of major assets, raising concerns about the exchange's liquidity.