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WOO X Faces Withdrawal Delays Warned by ZachXBT

Withdrawal Delays Reported by WOO X Users Amid Investigation

  • Users of WOO X have reported withdrawal requests remaining “pending” or “processing” for three days.
  • On Sept. 6, WOO X acknowledged the delays and stated it was reviewing individual cases and system status.
  • Blockchain investigator ZachXBT highlighted ties between WOO X, FusionX Digital, and BitMart founder Sheldon Xia.
  • BitMart announced on July 26 that it would cease operations and restructure after users reported losing access to frozen funds.
  • WOO X advised users experiencing delays to contact official support with specific details about their withdrawal requests.

The situation highlights ongoing concerns regarding user withdrawals at WOO X, especially given its connections to other exchanges facing operational issues. Users are encouraged to rely on official channels for assistance and updates.

As of now, some verified user withdrawal requests have been pending for up to three days as WOO X works to resolve the situation. (Source)

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