China-based IDAX exchange's CEO is missing, withdrawals halted

posted 6 months ago
The chief executive of IDAX, a smaller cryptocurrency trading platform in Shanghai, has disappeared off the face of the Earth. The exchange has since been in damage-control mode, trying to pick up the pieces of their crumbling platform.

On November 24th, IDAX revealed that it would no longer serve its Chinese clients due to “policy reasons." A day or two after the China-related announcement, reports started flooding Twitter and other social media platforms that users cannot withdrawal from IDAX.
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