The well-known crypto crowdfunding platform Coinlist reported that their platform was unable to issue crypto assets invested by investors. Based on WuBlockchain's tweets some members of the Conlist community reported that the crypto crowdfunding platform Coinlist was unable to issue their crypto assets.
This has come as a surprise to those involved, not to mention that the collapse of FTX is still fresh in the market. Coinlist has come out to defuse the situation by issuing an official statement that the managing partner is undergoing maintenance. But this is less of a relief because it has been happening for a week.
Coinlist had previously suffered a loss of $35 million as a result of the 3AC crash. On Twitter, on November 15, the platform revealed its position last week to its users and said that the last week has been a nightmare for cryptocurrencies.
Coinlist assures that they will keep user funds completely safe and in addition, the crowdfunding platform also explains their relationship with FTX, FTT, Alameda, or any of its affiliates, CoinList has no material disclosures. As per the tweet the platform never uses user money without the user's express permission.
Notably, Anchorage, Bitgo, Gemini Custody and Silvergate Bank are Coinlist Partners. DCG participated in the investment in 2018. It is unclear whether Genesis, which is now bankrupt, is working with Coinlist or not.
From a Twitter user, @meta_mate8, he stated that Coinlist is undergoing maintenance and users are unable to withdraw funds. He questioned in his tweet if there was a problem with the delivery or not. In addition, he hoped it would not be a major issue.
