AscendEX Shuts Down With Near-Empty Hot Wallets and No Guarantee Users Will Get Their Crypto Back
AscendEX has ceased operations, halted withdrawals, and warned users they may not recover their full crypto balances. The shutdown follows regulatory challenges, liquidity concerns, and on-chain evidence suggesting depleted exchange reserves before the closure.
More: https://bitnxt.io/crypto-news/ascendex-shuts-down-withdrawals-mica-user-funds-risk
AscendEX has ceased operations, halted withdrawals, and warned users they may not recover their full crypto balances. The shutdown follows regulatory challenges, liquidity concerns, and on-chain evidence suggesting depleted exchange reserves before the closure.
More: https://bitnxt.io/crypto-news/ascendex-shuts-down-withdrawals-mica-user-funds-risk