Community Alert: Multiple verified WooX users have reported withdrawals stuck in pending or processing over the past three days.

WooX was incubated by Kronos Research, and in Q4 2025 it was acquired by FusionX Digital, a firm which allegedly has ties to BitMart founder Sheldon Xia.

On July 26, 2026, BitMart announced it would cease operations and restructure. Its users have been left without access to millions in stuck funds, with complaints increasing on X. Sheldon Xia has published only vague statements claiming user assets are safe, and those claims still have not been independently verified.

As of this post, WooX has not yet issued a statement.