ZachXBT Flags JuCoin Over Withdrawal Issues and Reserve Concerns ZachXBT said multiple users have reported withdrawal issues on JuCoin over…
ZachXBT Flags JuCoin Over Withdrawal Issues and Reserve Concerns
ZachXBT said multiple users have reported withdrawal issues on JuCoin over the past week. He also questioned the exchange’s reported $511 million reserves, alleging most consist of USDC and USDT issued on its own JuChain without clear backing. ZachXBT further noted JuDAO suffered a $20 million incident in 2025 and a $225,000 exploit in April 2026, while JuCoin attributed the delays to platform upgrades and restructuring.