AscendEX Exchange Reportedly Faces Liquidity Issues: ZachXBT

Multiple users have reported issues withdrawing funds from cryptocurrency exchange AscendEX, which blockchain investigator ZachXBT said may be showing signs of liquidity issues. An X account using the name Lorenzo Navarro Rodriguez said in a Tuesday post that a 4,196 USDT withdrawal had remained stuck in an “initiating” state since June 10. The account also…

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