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2019-12-02 04:39:39 Cryptopolitan

Cryptocurrency exchange IDAX’s CEO flees with cold storage keys

It appears that Shanghai-based cryptocurrency exchange IDAX’s users may have lost millions as its chief executive has reportedly run away with access to cold storage keys. Little is known about this bush-league Asian cryptocurrency exchange, except for the fact that it offered multi-cryptocurrency exchange services with its servers based out of China. On 29th November 2019, came forth a piece of distressing news that its chief executive, Lei Guorong, has disappeared with access to the platform’s cold wallets as none of IDAX Global staff were able to get in touch with him. 🏃‍♂️IDAX Exchange run away/go broke? A well-informed source