🚨 AscendEX Faces Fresh Solvency Concerns


On-chain investigator ZachXBT flagged prolonged withdrawal delays and low hot wallet balances for ETH, USDT, and SOL, raising fresh concerns over AscendEX’s liquidity.
Users reportedly waited days and even weeks for withdrawals, while the exchange has not published a detailed proof-of-reserves report since mid-2025.
ETH0.99%
SOL7.89%
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