Indian crypto exchange Mudrex has halted withdrawals until Jan. 28 for compliance updates, triggering user backlash and skepticism in the community.
Indian cryptocurrency exchange Mudrex has temporarily halted crypto withdrawals, triggering a wave of backlash from the crypto community.
On Jan. 11, Mudrex paused crypto withdrawals on its platform, leaving users puzzled about the abrupt decision.
The company told Cointelegraph that the suspension is temporary, lasting until Jan. 28, and is aimed at upgrading the platform’s compliance framework to prevent misuse by bad actors.
