The IDAX exchange, one of the oldest based on the Chinese market, admitted to losing access to its private keys for cold storage. The exchange’s CEO has been missing for a few days, confirming rumors that the market operator was experiencing a crisis.
The IDAX exchange also saw its native token, IT, slide to zero and become inactive. Users were advised to avoid using the platform.
“Since we have announced the announcement on November 24, IDAX Global CEO have gone missing with unknown cause and IDAX Global staffs were out of touch with IDAX Global CEO.For this reason, access to Cold walle...