IDAX is it SCAM? - page 2. | Bitcointalksearch.org

Sterbens

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Duelbits.com

Quote from: UmerIdrees on November 29, 2019, 01:04:57 PM

Quote from: dioanna on November 28, 2019, 07:59:05 AM

The IDAX Exchange's CEO evacuated the company, took away the cold wallet and disappeared. No one can contact the boss even the employees of the company.
Sadly I have some APL left in there and still on pending withdrawal.

This has been warned many times before also that Do NOT use IDAX echange !!!
If you did not follow the warning and still kept the balance in Idax exhange, then who is to blame ?

Many ignored the first thread about the IDAX scam warning but now it is happening again and everyone blames IDAX,
I do not know whether this problem continues or just coincidence but what I know is that many IDAX exchanges are suspected by those who know better in my opinion.

UmerIdrees

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Quote from: dioanna on November 28, 2019, 07:59:05 AM

The IDAX Exchange's CEO evacuated the company, took away the cold wallet and disappeared. No one can contact the boss even the employees of the company.
Sadly I have some APL left in there and still on pending withdrawal.

This has been warned many times before also that Do NOT use IDAX echange !!!
If you did not follow the warning and still kept the balance in Idax exhange, then who is to blame ?

FIFA worldcup

full member

Activity: 1134

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Quote from: sbogovac on November 29, 2019, 12:39:49 PM

Quote from: FIFA worldcup on November 29, 2019, 12:33:08 PM

[...] I was just thinking that IDAX was a decentralized exchange so how can they scam when everyone have control over their private key in decentralized exchange ? Is it so ?

You're thinking of IDEX (with an E, not IDAX with an A)...

Oh so Idax and Idex are two different exchanges, I have the IDEX exchange in mind when i saw this post. These two names are too much similar that anyone can get confused who did not know that IDAX exchange even exists.

sbogovac

legendary

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I don't believe in denial.

Quote from: FIFA worldcup on November 29, 2019, 12:33:08 PM

[...] I was just thinking that IDAX was a decentralized exchange so how can they scam when everyone have control over their private key in decentralized exchange ? Is it so ?

You're thinking of IDEX (with an E, not IDAX with an A)...

FIFA worldcup

full member

Activity: 1134

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Quote from: dioanna on November 28, 2019, 07:59:05 AM

The IDAX Exchange's CEO evacuated the company, took away the cold wallet and disappeared. No one can contact the boss even the employees of the company.
Sadly I have some APL left in there and still on pending withdrawal.

I was just thinking that IDAX was a decentralized exchange so how can they scam when everyone have control over their private key in decentralized exchange ? Is it so ?

fratoshi

member

Activity: 294

Merit: 10

Quote from: smyslov on November 29, 2019, 06:54:39 AM

Quote from: bassbity on November 28, 2019, 09:53:33 AM

Quote from: dioanna on November 28, 2019, 07:59:05 AM

The IDAX Exchange's CEO evacuated the company, took away the cold wallet and disappeared. No one can contact the boss even the employees of the company.
Sadly I have some APL left in there and still on pending withdrawal.

IDAX exchange is not possible to scam it is just some of the problems that are being handled by this withdrawal I hope IDAX services fix this soon and users can withdraw their assets freely.

Why are you using the word not possible, everything here is unexpected and possible, and what's on IDAX that it will not scam people, there's a lot of speculation and accusations so we will wait for the final confirmation on what happen to IDAX, but right now the safest is to withdraw your money if it is possible but I think it's not possible anymore,or stop using IDAX, until everything is settled.

CEO dissapeared with the private keys, so is possible that it was kidnapped, already the CEO of Exmo was kidnapped a couple of years ago so it can happen again.

smyslov

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Quote from: bassbity on November 28, 2019, 09:53:33 AM

Quote from: dioanna on November 28, 2019, 07:59:05 AM

The IDAX Exchange's CEO evacuated the company, took away the cold wallet and disappeared. No one can contact the boss even the employees of the company.
Sadly I have some APL left in there and still on pending withdrawal.

IDAX exchange is not possible to scam it is just some of the problems that are being handled by this withdrawal I hope IDAX services fix this soon and users can withdraw their assets freely.

Why are you using the word not possible, everything here is unexpected and possible, and what's on IDAX that it will not scam people, there's a lot of speculation and accusations so we will wait for the final confirmation on what happen to IDAX, but right now the safest is to withdraw your money if it is possible but I think it's not possible anymore,or stop using IDAX, until everything is settled.

stompix

legendary

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Blackjack.fun

Well, it sounded like it was a scene from a movie but it ain't:

https://idax.zendesk.com/hc/en-us/articles/360037327571-Urgent-announcement-about-current-situation-of-IDAX-Global

Quote

Dear user,

Following the official announcement "Announcement of IDAX withdrawal channel congestion" on November 24, We announce Urgent notice about current situation of IDAX Global.

Since we have announced the announcement on November 24, IDAX Global CEO have gone missing with unknown cause and IDAX Global staffs were out of touch with IDAX Global CEO.

For this reason, access to Cold wallet which is stored almost all cryptocurrency balances on IDAX has been restricted so in effect, deposit/withdrawal service cannot be provided.

IDAX Global is doing its best to try to grasp variety of news and current situation exactly including rumor 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.

We are really sorry for this situation and for all damaged users who love IDAX.

Funny how they still have 700 million in trading there.

patz22

full member

Activity: 1176

Merit: 104

Have you checked their telegram chat? Admin is not responding and it is full of spammers now. Withdrawals pending for over a week or less. I personally have a pending withdrawal since the 22nd and no one is responding so no need for proofs this is the truth.

cryptoaddictchie

legendary

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CoinPoker.com

Rumors or not this kind of news is quite scary. Like last time I heard that there is a project called cryptomarketads that conducted their IEO then they mentioned that the funds collected on IDAX was sammed by the exchange indeed they post a long explanation regarding this. Now CEO left? Im starting to believe it could be true.

ryzaadit

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Quote from: bassbity on November 28, 2019, 09:53:33 AM

IDAX exchange is not possible to scam it is just some of the problems that are being handled by this withdrawal I hope IDAX services fix this soon and users can withdraw their assets freely.

Sometimes you need to believe in the rumors, we are on cryptocurrency dude.

Did you forget about this? "Buy the rumor sell went news came outs"

IDAX already have negativity rumors and news about their service a few month ago, i decide to leaving indax at 5 months ago. Some of the problem at IDAX:
- Scamming an IEO/ICO Project with a fake result token sale.
And about this too :

Quote from: fratoshi on November 28, 2019, 08:05:24 AM

Rumor 1: CEO run away with the cold wallets
Rumor 2: CEO has been arrested by Chinese authorities.
Rumor 3: Exchange was closed by Chinese authorities and is now relocating overseas.

Coinmarketcap also giving a warning for IDAX Exchange.

bassbity

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Quote from: dioanna on November 28, 2019, 07:59:05 AM

The IDAX Exchange's CEO evacuated the company, took away the cold wallet and disappeared. No one can contact the boss even the employees of the company.
Sadly I have some APL left in there and still on pending withdrawal.

IDAX exchange is not possible to scam it is just some of the problems that are being handled by this withdrawal I hope IDAX services fix this soon and users can withdraw their assets freely.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Let's see, 700 million$ a day trade volume exchange (which has numerous hiccups in the past) is not processing withdrawals so the next moment panic...

I'm not saying it's not an exit scam, a "hack" or anything else, but how the story is pictured in some media about the CEO firing employees, grabbing the cold storage keys on a stick and running an away seem a bit far fetched. It would also not match at all with the scenario of the police raiding their office either, this is China not Mexico, you don't disappear from the police there, they make you disappear!

Anyhow until now, we have rumors and a brief post from the exchange...

Quote

Dear IDAX users:

Recently, the demand for IDAX withdrawals has increased dramatically. The channel that causes the withdrawal of the mainstream currency is in a congested state. IDAX is reviewing the user's withdrawal requirements, please wait patiently.

Not a scam yet but also the last place I would want to have some funds sitting right now.

If anyone wants to read a good fantasy drama novel on this, here you go :
https://cryptobriefing.com/idax-exit-scam-users-face-withdrawal-difficulty/

fratoshi

member

Activity: 294

Merit: 10

There are many rumors at the moment and no one knows really what is going on.

Rumor 1: CEO run away with the cold wallets
Rumor 2: CEO has been arrested by Chinese authorities.
Rumor 3: Exchange was closed by Chinese authorities and is now relocating overseas.

The big concern is that Idax has already been accused of scam other projects, so Roll Eyes

dioanna

full member

Activity: 612

Merit: 102

The IDAX Exchange's CEO evacuated the company, took away the cold wallet and disappeared. No one can contact the boss even the employees of the company.
Sadly I have some APL left in there and still on pending withdrawal.

Topic: IDAX is it SCAM? - page 2. (Read 480 times)