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Breaking: CoinFLEX Takes U-Turn On Resuming Withdrawals, Here’s Why

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Breaking: CoinFLEX Takes U-Turn On Resuming Withdrawals, Here’s Why

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After promising to resume withdrawals and restore full functionality by the 30th of June, CoinFLEX CEO Mark Lamb now tells CNBC that the exchange will likely not resume the withdrawals by Thursday.

CoinFLEX had earlier paused all withdrawals from their platform, citing extreme market conditions.

It then revealed that one individual whale owed the company The post Breaking: CoinFLEX Takes U-Turn On Resuming Withdrawals, Here’s Why appeared first on CoinGape.


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Article Details

Author / Journalist: Nidhish Shanker

Category: Crypto

Topics: Roger ver News CoinFlex

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 07:35:55

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Reading Time: 4 minutes read

Article Length: 586 words

Coverage Area: India

Availability: Desktop Web, Mobile Web

News ID: 22242

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About CoinGape

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 21 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8h ago

Coverage Areas: India

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Publication Timezone: GMT +8:00

News Language: English

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