RWATimes on Nostr: 📰 ZachXBT flags JuCoin reserves as users report withdrawal delays 🗓️ Jun 07 ...
📰 ZachXBT flags JuCoin reserves as users report withdrawal delays
🗓️ Jun 07 2026 12:25 UTC
ZachXBT flagged JuCoin over withdrawal delays and reserve concerns as users questioned JuChain stablecoins and past JuDAO incidents.
➤ On-chain investigator ZachXBT has flagged JuCoin for withdrawal delays and questioned its reserve claims, citing user reports.
➤ Concerns are heightened as JuCoin's reported reserves appear to be largely composed of self-issued USDC and USDT on its own JuChain, rather than verified third-party assets.
➤ Past incidents involving JuDAO and ongoing market sensitivity to exchange reserves add to the pressure on JuCoin to provide clear communication and proof of solvency.
#zachxbt #jucoin #withdrawaldelays #reserveconcerns #juchain #stablecoins #usdc #usdt #exchangerisk #audits
🔗 Read more at:
https://rwatimes.io/articles/coinmarketcap-zach-xbt-flags-ju-coin-reserves-as-users-report-withdrawal-delays-1076709775Published at
2026-06-08 08:16:04 UTCEvent JSON
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"pubkey": "1ea1e20949937cfcdb34e2d6933f3bcf358c967980b7817d24539ce6f52b6395",
"created_at": 1780906564,
"kind": 1,
"tags": [],
"content": "📰 ZachXBT flags JuCoin reserves as users report withdrawal delays\n🗓️ Jun 07 2026 12:25 UTC\n\nZachXBT flagged JuCoin over withdrawal delays and reserve concerns as users questioned JuChain stablecoins and past JuDAO incidents.\n\n➤ On-chain investigator ZachXBT has flagged JuCoin for withdrawal delays and questioned its reserve claims, citing user reports.\n➤ Concerns are heightened as JuCoin's reported reserves appear to be largely composed of self-issued USDC and USDT on its own JuChain, rather than verified third-party assets.\n➤ Past incidents involving JuDAO and ongoing market sensitivity to exchange reserves add to the pressure on JuCoin to provide clear communication and proof of solvency.\n\n#zachxbt #jucoin #withdrawaldelays #reserveconcerns #juchain #stablecoins #usdc #usdt #exchangerisk #audits\n\n🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-zach-xbt-flags-ju-coin-reserves-as-users-report-withdrawal-delays-1076709775",
"sig": "f019222f4a3096700c48939395e0ed4b2d1365f1973520e639cb5b4631897599fff45c6be8d901e1207ab3f530435d6f149d1a5285fe1efc2fbe936a12857edc"
}