Update: AscendEX has not posted on X (Twitter) for 9 days since my post and user withdrawals are still not being processed while deposits are being accepted.
I reviewed a case where a large victim has been getting no response from the AscendEX co-founder George (Jing) Cao on any of their concerns.
If you have funds stuck I encourage you to file a report with law enforcement and regulators in your country.
Post #349
59.9K
Investigations by ZachXBT Community alert: I have observed multiple reports that the centralized exchange AscendEX (formerly Bitmax) is delaying user withdrawals for days / weeks or not processing withdrawals. I reviewed known hot wallets on Arkham/TRM and its reserves appear to lack…
- ❤ 223
- 🤣 87
- 👍 74
- 👀 42
- 😢 20
- 😱 17
- ✍ 11
- 🔥 10
- 😁 10
- 👏 7
- 👎 4