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CoinEx app glitch at 7:30 AM reportedly scammed users; trust warning

The group named “coinex persian” appears to be promoting the CoinEx exchange. Today, around 7:30 AM, users report that a shadowy app glitch or manipulated orders caused many accounts to lose funds, and the group admin said nothing about the incident.

I view this as a serious trust issue: a platform or app malfunction that results in lost customer funds, combined with silence from community leaders, is a red flag for reliability and governance.

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Analysis

Allegations of a timed app malfunction that ‘took’ users’ funds, plus lack of transparency from the community admin, indicate elevated counterparty and operational risk. This suggests potential techni...

Recommendation

Avoid depositing further funds or executing trades on CoinEx until the incident is publicly explained and resolved. Withdraw accessible assets, document losses, contact support and regulators, and avo...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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