ZachXBT Warns AscendEX Faces Liquidity Crisis
Blockchain investigator ZachXBT raised alarms about AscendEX potentially facing liquidity issues, citing user reports of delayed or failed withdrawals and low on-chain reserves of ETH, USDT, and SOL. The exchange, hacked by Lazarus Group in December 2023, has not publicly addressed community concerns. ZachXBT urged AscendEX to explain the situation and advised users to avoid depositing funds.
Detected & updated continuously · Source: Ruma
Mentioned
Sources
@CoinEdition
🚨 JUST IN: Blockchain investigator ZachXBT is urging AscendEX to publicly explain ongoing withdrawal issues, citing growing community concerns. 🔹 "Why are AscendEX users reporting delayed or incomplete withdrawals?" 🔹 "Why do AscendEX hot wallets currently not have any https://t.co/OcargkUXUl
@coinacademy_fr
🚨 ZachXBT alerte sur de possibles problèmes de liquidité chez AscendEX, affirmant que la plateforme retarderait les retraits de certains utilisateurs. Selon lui, les réserves on-chain d’AscendEX semblent manquer d’actifs majeurs comme ETH, USDT et SOL. https://t.co/vILldSaxWL
@gm_upside
🚨 ZachXBT cảnh báo sàn AscendEX có dấu hiệu chậm xử lý lệnh rút tiền Thám tử on-chain ZachXBT cho biết đã ghi nhận nhiều phản ánh về việc sàn giao dịch tập trung AscendEX (trước đây là Bitmax) trì hoãn lệnh rút tiền của người dùng nhiều ngày, thậm chí https://t.co/Sap4x7isOn
@cryptoamanclub
🚨 ASCENDEX WITHDRAWAL ALERT! ZachXBT has raised serious concerns about AscendEX's liquidity. Low $ETH , $USDT & $SOL reserves Withdrawals delayed for days/weeks Hacked by Lazarus Group in Dec 2021 If your funds are still on AscendEX, stay alert. Not your keys. Not your https://t.co/w1qK4Wlkr5
@PlanetDefi
ZachXBT warns that AscendEX may be facing liquidity issues after reports of delayed withdrawals and questions over visible on-chain reserves. Read more >>> https://t.co/20NGWKDGMX
@vncrypto91
ZachXBT warns users not to deposit on AscendEX (formerly BitMax), citing user reports of delayed or failed withdrawals and hot wallets lacking major liquid assets (ETH, USDT, SOL, etc.). He urges the exchange to answer these concerns publicly 🫥
@TheBeastzilla
AscendEX @AscendEX_ may face liquidity issues after users report stalled withdrawals. It is true?
