Brief Look at CoinEx
Founded in 2017, the Hong Kong-based crypto exchange CoinEx faced a major crisis in September 2023 when its hot wallets were hacked. The company’s management acted swiftly to contain the threat and fully compensated affected users from its own security fund. The formal decision to wind down the business was made on September 15, 2026. CoinEx management attributed the closure to a prolonged market downturn, declining trading volumes, stringent regulatory requirements, and prohibitive compliance costs. A phased withdrawal of assets is currently underway: spot trading was halted on September 29, 2026. Users have until December 22, 2026, to make final withdrawals from the platform, with the exchange guaranteeing 100% reserve coverage for all its obligations to users.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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