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Delays don’t prove an exchange is fraudulent. Small delays happen legitimately due to the hot wallet becoming empty during a period of greater than expected wit
by zarzavat 4y ago
Delays don’t prove an exchange is fraudulent. Small delays happen legitimately due to the hot wallet becoming empty during a period of greater than expected withdrawals.
In a period of normalcy, these small delays are forgotten. However users are extremely nervous right now. Users can interpret small delays as insolvency, which causes a torrent of withdrawals which take even longer to process.
I don’t know if crypto.com is solvent. If you have money on there, you should probably get it out now. But there is also an innocent explanation to all of this.
- lupire 4y agoCrypto.com is a known bad actor, gliding on the dwindling benefit of the doubt. They'be had years to demonstrate a reputation for innocence.
- naijaboiler 4y agobelieve this at your own peril.