Crypto withdrawals blocked on Coinlist cryptocurrency exchange
Myriad community members have reported they not able to withdraw from Coinlist, which is largest crypto crowdfunding platform. Reason given by Coinlist? Their custody partner is undergoing maintenance from past one week.
However, we all know Coinlist was involved in Three Arrows Capital and incurred a whopping $35M loss. Coinlist support have been banning anyone that is complaining about their withdrawals not being processed.
Monitoring:
Our custody partner is undergoing maintenance that is taking longer than expected. During this time period deposits and withdrawals for FLOW, MINA and CFG are unavailable.Rest assured your funds are safe. Thank you for your patience!
— CoinList Support (@CoinListSupport) November 23, 2022
There are some users that have been waiting from past one year to get access to their funds. Their custody partners include Anchorage, Bitgo, Gemini Custody and Silvergate Bank, but it is uncertain whether Genesis which is currently on the brink of bankruptcy, cooperated with Coinlist.
Unfortunately, I have been unfairly banned from your system, and no matter what I do, I cannot tell you my innocence
— Aylinaras (@Aras27489223) November 18, 2022
I bought #umee token from the pre-sale on Coinlist 10 months ago, #umee token was not given to me during the distribution process, I am writing to your support address, you do not answer, you must help me check mail
— 1Aliihz(💙,🧡) (@1Aliihz) November 19, 2022
Some say their verification is a complete joke. One said just because they managed to help launch very popular tokens , they act like they are the best and don’t need users. Support is close to zero. Coinlist are notorious for banning their real users without any explanation. At the same time the whole platform is bots shit show. If they go bankrupt, it will be a karmic act.