AscendEX Halts Withdrawals for 9 Days, ZachXBT Urges Users to Report to Regulators on July 2

According to ZachXBT on July 2, AscendEX has not posted on X for nine days while user withdrawals remain suspended; deposits continue normally. A major affected user received no response after reporting the issue to co-founder George Cao. ZachXBT advised users with frozen funds to file reports with their local regulatory authorities and law enforcement agencies. This follows ZachXBT's June 26 disclosure that AscendEX faced suspected liquidity issues with withdrawal delays lasting days to weeks.
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