ZachXBT Warns of Withdrawal Delays on WOO X

cryptonews.ruОпубліковано о 2026-09-07Востаннє оновлено о 2026-09-07

Анотація

Users of the cryptocurrency exchange WOO X have reported delays in withdrawing funds. According to blockchain researcher ZachXBT, some verified users stated their withdrawal requests have been stuck in "pending" or "processing" status for the last three days. ZachXBT highlighted WOO X's corporate connections, noting it was incubated by Kronos Research and acquired by FusionX Digital in Q4 2025. He pointed out that FusionX Digital is reportedly linked to Sheldon Xia, founder of the BitMart exchange. BitMart announced a shutdown and restructuring on July 26, 2026, after which users reported losing access to frozen funds. ZachXBT noted that Sheldon Xia's public assurances about user asset safety lacked independent verification. WOO X acknowledged awareness of reports regarding prolonged withdrawal processing times. The exchange stated its team is investigating specific cases and system status, attributing some delays to verification stages or blockchain processing. It advised affected users to contact official support with specific transaction details. WOO X also warned users not to share passwords, seed phrases, private keys, or verification codes with third parties, urging them to rely only on official announcements and support channels. The exchange was previously hacked for $12 million in July 2025.

Users of the WOO X cryptocurrency exchange have reported delays in withdrawing funds. According to blockchain researcher ZachXBT, some verified users have stated that their requests have remained in "pending" or "processing" status for the past three days.

ZachXBT Highlights Connections of WOO X

According to ZachXBT, WOO X was incubated by Kronos Research and was acquired by FusionX Digital in Q4 2025. The researcher noted that FusionX Digital is reportedly linked to BitMart cryptocurrency exchange founder Sheldon Xia.

On July 26, 2026, BitMart announced it was ceasing operations and undergoing restructuring. Following this, users reported losing access to locked funds, and the number of complaints on social media platform X continued to rise.

According to ZachXBT, Sheldon Xia has made public statements regarding the security of user assets, but these claims have not been verified by independent sources.

WOO X States It Is Investigating the Situation

WOO X confirmed it is aware of reports regarding prolonged withdrawal processing times. The team stated it is investigating the relevant cases and the system status.

The company noted that some requests might be in the verification stage or being processed on the blockchain. The crypto exchange's teams are working to resolve the issue.

For users experiencing withdrawal delays, the exchange recommended contacting the official support service, providing UID, order ID, request creation time, asset and network, as well as a screenshot of the status.

WOO X also urged users not to share passwords, seed phrases, private keys, or verification codes with third parties. The company emphasized that users should rely only on official WOO X announcements and support channels.

Recall that in July 2025, WOO X suffered a hack resulting in a $12 million loss.

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QAccording to the article, what specific issue are some users of the WOO X crypto exchange reporting?

ASome verified users of the WOO X crypto exchange are reporting delays in withdrawing their funds, with withdrawal requests remaining in "pending" or "processing" status for up to three days.

QWho is ZachXBT, and what key connection did he highlight regarding WOO X's corporate history?

AZachXBT is a blockchain investigator. He highlighted that WOO X was incubated by Kronos Research and was acquired by FusionX Digital in Q4 2025. He also noted that FusionX Digital is reportedly linked to Sheldon Xia, the founder of the BitMart crypto exchange.

QWhat major event concerning BitMart is mentioned in the article, and what followed for its users?

ABitMart announced the cessation of its business operations and restructuring on July 26, 2026. Following this announcement, users reported losing access to their locked funds, and the number of complaints on social media platform X continued to grow.

QWhat has WOO X officially stated in response to the reports of withdrawal delays?

AWOO X confirmed they are aware of the reports regarding extended withdrawal processing times. Their team stated they are checking the relevant cases and the system's status. They mentioned some withdrawal requests might be in a review stage or being processed on the blockchain, and their teams are working to resolve the issue.

QWhat security incident involving WOO X is mentioned as having occurred in the past?

AThe article mentions that in July 2025, WOO X suffered a hack resulting in a loss of $12 million.

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Ласкаво просимо до спільноти HTX. Тут ви можете бути в курсі останніх подій розвитку платформи та отримати доступ до професійної ринкової інформації. Нижче представлені думки користувачів щодо ціни WOO (WOO).

ZachXBT Warns of Withdrawal Delays on WOO X

Анотація

ZachXBT Highlights Connections of WOO X

WOO X States It Is Investigating the Situation

Трендові криптовалюти

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A Critically Important Decision by the UK Regarding 61,000 Bitcoins: What Will Happen to the Billions in Bitcoin?

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