Community alert: I have observed multiple reports that the centralized exchange AscendEX (formerly Bitmax) is delaying user withdrawals for days / weeks or not processing withdrawals.

I reviewed known hot wallets on Arkham/TRM and its reserves appear to lack large cap tokens such as ETH, USDT, USDT, SOL, etc indicating they likely are facing liquidity issues.

AscendEX (Bitmax) was founded by George (Jing) Cao & Ariel Ling in 2018. In December 2021 they were reportedly hacked by Lazarus Group for $78M.

EVM hot wallets
0x983873529f95132BD1812A3B52c98Fb271d2f679
0x4240781A9ebDB2EB14a183466E8820978b7DA4e2

Tron hot wallet
TP523ZC2721Dnu6nxYSFi14cWUBfu8YTXG

Solana hot wallets
Cv7hXMfMh5eu2WBtyZXogYDPj55Xo1Ufsuwn7oeG6Epy
6iVBAsquJRaLsXbojb18kqTW1d5iVLspVjCtsReZBKhY