Chinese Crypto Exchange IDAX Goes on Lock Down After CEO Goes AWOL

Chinese cryptocurrency exchange IDAX Global has issued an urgent announcement about its current sitch.

According to the announcement, the exchange has frozen all withdrawals and deposits because its CEO has gone missing. IDAX staff has reportedly tried to reach him to no avail.

It didn’t say if users’ account were at risk but the rumour mill has been throwing phrases like “exit scam” around.

At any rate, IDAX “is doing its best to try to grasp variety of news and current situation exactly including rumour on internet community.”

“IDAX Global is drawing up an emergency plan about platform services including deposit/withdrawal service so it is recommended that you refrain from using our all platform services.”