AscendEX has ceased operations and currently has almost no liquid assets available for cash withdrawals
Chain detective ZachXBT pointed out that AscendEX has ceased operations and currently has almost no liquid assets available to redeem user withdrawal requests. AscendEX has announced that all operations will be suspended from July 1st, and withdrawal requests will be manually reviewed, which may be delayed or unable to be processed. ZachXBT verified that the user's claim amount reached millions of dollars, but AscendEX has almost no available liquid assets for the public hot wallet.