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IDAX: Cryptocurrency deposits and withdrawals halted after CEO disappearance

Posted on October 29, 2022 by admin

IDAX: Cryptocurrency deposits and withdrawals halted after CEO disappearance

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Answer IDAX: Cryptocurrency deposits and withdrawals halted after CEO disappearance

Days after stopping deposits and withdrawals on the IDAX cryptocurrency trading platform

revealed The platform that the CEO of the platform has disappeared, and thus the period of stopping deposit and withdrawal operations within the platform will be extended.

It is worth noting that IDAX has faced a number of negative news over the past few months.

And that is after it announced the suspension of its services within the United States of America and Canada due to strict regulations and regulations.

as such announced The platform a few days ago said it suspended its services inside China due to “regulations and regulations.”

Read:The price of ICX coin has surged more than 400% in recent weeks…. Is it justified?

Of course, withdrawing from these large markets could have a severe impact on the business of IDAX.

Many users have started withdrawing their money and transferring it to personal wallets or other trading platforms.

However, some customers have encountered obstacles in withdrawing their cryptocurrency in recent days.

Thus, the rumors continued about the real reason behind stopping the deposits and withdrawals of cryptocurrencies, until today the IDAX platform revealed that the main reason is that the CEO of the platform and IDAX Global has disappeared and employees cannot access him.

The platform stated:

The CEO of IDAX Global has disappeared for an unknown reason and that’s why access to the platform’s cold wallets that hold most of the cryptocurrencies within the IDAX platform has been restricted.

The announcement did not clarify whether the platform will resume its work in the future, and did not specify any date for the availability of deposits and withdrawals of digital currencies within the IDAX platform.

While it is still not clear what could happen to users’ funds within the platform.

Read:Binance reveals the date of the availability of the first copy of its bank card

However, the negative impression spread within the crypto community, until many began to mention that it is a new scam in the crypto world.

Read also:

The disappearance of one of the most famous automated trading tools “trading bot” and the embezzlement of investors’ money in a new fraud

The Queen of Crypto: Learn the story of the woman who deceived the world and then disappeared


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