CoinDesk (@CoinDesk): LATEST: @ZachXBT says @AscendEX_ withdrawals remain unprocessed more than a week after he first raised concerns, while deposits are still being accept…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- ASD-90Negative
LATEST: @ZachXBT says @AscendEX_ withdrawals remain unprocessed more than a week after he first raised concerns, while deposits are still being accepted. The exchange has since announced it will cease operations, citing market conditions and MiCA. ZachXBT claims AscendEX's public wallets lack sufficient liquid assets to cover multiple seven-figure withdrawal claims he says he verified. Users with funds stuck on the platform are being urged to contact regulators and law enforcement.