Here's why Coinlist reportedly can't withdraw coins

The official explanation, according to Coinlist, is that the custody partner is undergoing maintenance, but it has gone on for more than a week.

By: ImmanuelRodulfo

Here's why Coinlist reportedly can't withdraw coins

Coinlist, the most popular cryptocurrency crowdsourcing website, is unable to withdraw its coins.

Some members of the Coinlist community recently reported that the cryptocurrency crowdfunding platform, Coinlist, cannot withdraw its coins, according to the WuBlockchain tweet.

The platform states that the custody partner is undergoing maintenance, per the official explanation, but the issue has been present for over a week.

Notably, the 3AC crash costs Coinlist $35 million in losses.

On November 15, last week, Coinlist revealed its position to its users and claimed that the previous week had been a nightmare for cryptocurrencies.

The top cryptocurrency crowdfunding platform reassured its users that their assets were secure.

The crowdfunding platform also confirmed that CoinList has no material exposure to FTX, FTT, Alameda, or affiliates.

According to the tweet, the platform never spends a user's money without that user's express consent.

Here's why Coinlist reportedly can't withdraw coins.

Feedback?

Earn $Flag tokens!