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.

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.

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.