Brief Look at ZT Exchange
ZT Exchange, a cryptocurrency exchange registered in the Seychelles in 2018 and operated by Glory Global Technology Ltd., is considered a scam. This unregulated entity lacks a legitimate license and operates as an offshore broker.
Starting in 2019, complaints surfaced accusing the exchange of fraud and the loss of client funds. Traders and analysts allege the exchange manipulated prices, froze assets without explanation and blocked withdrawals. Despite promising 24/7 support, the platform delayed payments and refused to assist clients. Traders reported accounts being frozen without warning, preventing access to their funds.
These actions sparked widespread discontent within the crypto community and eroded trust in the exchange.
As a result, ZT Exchange was blacklisted in 2024.
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