Tag Archives: IDAX

Another cryptocurrency exchange has been the subject of a potential theft. This time around, the victim is IDAX, and its CEO is accused of stealing the private keys that allows access to customer funds.IDAX: The Latest Victim of Crypto ThieveryIf this doesn’t sound familiar, it should. The situation is basically a play on what happened earlier this year with Quadriga CX, the notorious cryptocurrency exchange in Canada that’s been responsible for the loss of roughly $200 million crypto funds....

After days of uncertainty and rumors among the community, the Chinese exchange IDAX Global confirmed that the CEO has disappeared. As a result, withdrawal processes are still not functioning after initially being stopped earlier this week.IDAX Global CEO DisappearsIDAX Global cryptocurrency exchange was the subject of a fair share of negative news over the last several months. After reportedly leaving the U.S. and Canada due to strict regulations, the company had to stop serving users in its...