CoinList responds to withdrawal delays: No insolvency or liquidity crisis, just a technical issue

2022-11-25 08:28:58
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ChainCatcher message, in response to the recent withdrawal difficulties or delays, CoinList stated on Twitter that CoinList is not insolvent, lacks liquidity, or is close to bankruptcy, but is experiencing technical issues. They are currently upgrading their internal ledger system and migrating wallet addresses involving multiple custodians. Additionally, they stated: "Custodial issues mean that the migration time for certain tokens is longer than expected, such as ROSE, CFG, FLOW, MINA. Publishing proof of reserves is also on our roadmap." (source link)

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