Withdrawals halted after reported compromise; closure notice followed in June 2025
According to a published review of the case, XeggeX stopped withdrawals without warning on 3 February 2025, with the operator saying a device had been compromised and a database corrupted, an account that on-chain analysts questioned. Balances were reportedly converted into non-redeemable placeholder tokens, and a closure and bankruptcy notice followed at the end of June 2025. Industry estimates put losses at up to $80 million. No audited refund process has been documented.
This entry summarises a public report and links to it. It is a record of what was reported, not a finding of wrongdoing. If you represent XeggeX, you can
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Altcoin exchange that halted withdrawals in February 2025 and later announced closure
Withdrawals halted in February 2025 and a closure notice was posted in June 2025, according to published case reviews; a site on the domain is online again but unverified.
