RATE Group | Cryptocurrency Scam: Crypto exchange IDAX restricts access and locks up cold wallet as C…
70431
post-template-default,single,single-post,postid-70431,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Cryptocurrency Scam: Crypto exchange IDAX restricts access and locks up cold wallet as C…

30 Nov Cryptocurrency Scam: Crypto exchange IDAX restricts access and locks up cold wallet as C…

Posted at 13:20h in Cryptocurrency News by

[ad_1]

A China-based obscure cryptocurrency exchange named IDAX has said its “global CEO has gone missing” and asked customers to stop using its services. The exchange said in an urgent notice on Friday that its chief and founder, Lei Guorong, has been missing for unknown reasons for five days. The company said the CEO has allegedly not been in contact with any employees since November 26, 2019.

Founded in 2017, IDAX is the only cryptocurrency exchange based in Mongolia, with its main office located in the GBC High-Tech Industrial Park in Ulaanbaatar. According to CoinMarketCap, IDAX exchange has volume of nearly $800 million in the past day. Then on November 23, IDAX posted an announcement on their website claiming that a high volume of “withdrawal request traffic” has congested the platform and asked for user’s patience. Shortly after, the exchange announced it would no longer provide service to users in China for “policy reasons.”

Below is the complete…

[ad_2]

Source link

Tags:
, , , , , , , , ,