⚡ Warning: Delay in user withdrawals on the AscendEX platform due to liquidity issues
📊 A new report suggests that platform #AscendEX may face problems with user withdrawals due to a lack of liquidity
💰 According to multiple reports, AscendEX may delay processing user withdrawals for days or weeks
🔍 After reviewing the well-known hot wallets on Arkham/TRM, it appears that the platform’s wallet lacks large amounts of tokens such as $ETH , $USDT , and $SOL , indicating that the platform may face liquidity problems
📈 The AscendEX platform was founded in 2018 by George (Jing) Kao and Ariel Ling. It was breached by the Lazarus group in December 2021, resulting in losses estimated at $78 million
📊 A new report suggests that platform #AscendEX may face problems with user withdrawals due to a lack of liquidity
💰 According to multiple reports, AscendEX may delay processing user withdrawals for days or weeks
🔍 After reviewing the well-known hot wallets on Arkham/TRM, it appears that the platform’s wallet lacks large amounts of tokens such as $ETH , $USDT , and $SOL , indicating that the platform may face liquidity problems
📈 The AscendEX platform was founded in 2018 by George (Jing) Kao and Ariel Ling. It was breached by the Lazarus group in December 2021, resulting in losses estimated at $78 million