[ZachXBT: AscendEX Appears to Lack Reserves of Major Market Cap Tokens Like ETH, USDT, USDC, SOL] Odaily Planet Daily News: ZachXBT posted that multiple reports indicate the centralized exchange AscendEX has been delaying user withdrawals for days or even weeks, or has not processed withdrawals at all. By reviewing known hot wallets on Arkham and TRM, its reserves appear to lack major market cap tokens such as ETH, USDT, USDC, SOL, suggesting it may be facing liquidity issues. AscendEX was founded in 2018 by George Cao and Ariel Ling and was reportedly hacked by the Lazarus Group in December 2021, resulting in a $78 million theft. Its EVM hot wallet, Tron hot wallet, and Solana hot wallet addresses have all been monitored.