JPEX accuses partners of “maliciously” freezing funds, causing liquidity crisis

Cryptocurrency exchange JPEX has sharp THE finger has It is third party walk creators For “malicious” frozen funds which directed has THE exchange be strength has hiking withdrawal costs has battle A liquidity crisis.

Based in Dubai cryptocurrency exchange JPEX has slammed regulators And "third party walk creators » For A liquidity crisis that has seen THE platform hiking withdrawal costs And to suspend certain operations.

In A Seven. 17 Blog job, JPEX said "unfair treatment" Since certain establishments In Hong Kong, along with negative news — cause It is third party walk creators has “malicious” freeze funds.

"They required more information Since THE platform For negotiation, restrict OUR liquidity And significantly increasing OUR every day Operating costs, leading has operational difficulties. »

Blame THE liquidity crisis, JPEX announcement that all operations affiliated with It is Earn product would be be " removed " by Seven. 18. Users will No longer be able has place any of them new Earn orders And existing Earn orders will only continue until THE product END date, he said.

Regular place trade activity appears has stay functional has THE time of publication, However, JPEX users are alleging that THE platform East Currently loading A 999 Attached (USDT) costs For withdrawals, on A maximum Rising of 1,000 USDT.

JPEX did not specifically address THE high withdrawal costs but promised has gradually adjust THE withdrawal costs "back has normal levels" After he finishes negotiations with THE third party walk creators.

"We promise has to recover liquidity Since third party walk creators as Soon as possible And gr...