AscendEX users report frozen withdrawals as on-chain investigator flags empty hot wallets

Cryptocurrency exchange AscendEX is currently under pressure after multiple users reported stuck withdrawals. Blockchain investigator ZachXBT has also stated that the platform’s known hot wallets hold few liquid assets, raising questions about the Singapore-headquartered exchange capability to meet redemption demands. I recommend your team answers the following questions for the community: 1) Why are AscendEX...