Multiple users reported that Ledger exchange service providers Changelly and Wyre "unjustifiably" froze their funds

2022-12-19 22:55:23
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According to ChainCatcher news, 0xSea.eth, a core contributor of NextDAO, stated that the exchange service providers Changelly and Wyre for the hardware wallet Ledger are suspected of "unjustly" freezing user funds. Previously, users had reported that funds exchanged on the Wyre platform were lost without reason. Now, another user has experienced a similar situation while using Changelly, where Changelly froze over $3 million of a user's funds for more than a month, citing the need for KYC, and the issue remains unresolved. In fact, Changelly promotes that no registration is required and funds are credited in real-time.

As of the time of publication, Ledger Support responded that they are in contact with the Changelly team and are looking for a quick resolution to this issue. (source link)

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