Hong-Kong-Based Crypto Exchange Reportedly Freezes Withdrawls

Dozens of clients have reportedly been unable to make withdrawals from the Hong Kong-based cryptocurrency exchange Coinsuper since late November, according to Bloomberg, which reviewed a series of messages on the firm’s official Telegram.

Five customers told Bloomberg that after withdrawals were apparently frozen, leaving them unable to retrieve combined $55,000 worth of tokens and cash, that they’d filed police reports. Coinsuper has not responded to requests for comment.

In the Coinsuper’s Telegram chat, as reviewed by Bloomberg, the administrator stopped responding to questions about the frozen withdrawals in late November, “then resurfaced in the past week to ask affected users to provide their email addresses. Some clients said in interviews that there was no follow-up after doing so.”



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