Isabella
Mon Jul 08 2024
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6 answers
1132
Why do crypto exchanges freeze assets?
Could you elaborate on the potential reasons why cryptocurrency exchanges would decide to freeze assets? Is it a common occurrence, or does it typically stem from specific scenarios? Do exchanges have the legal authority to do so, and if so, under what circumstances? Are there any implications for investors or traders when assets are frozen? Additionally, what are the usual steps taken by exchanges to resolve such situations, and how do they ensure the fairness and transparency of these processes? I'm interested in understanding the dynamics behind this practice and its potential impact on the cryptocurrency ecosystem.
