Suspected Runaway of ZT Global Cryptocurrency Exchange

On July 28th, the exchange platform ZT Global announced a system upgrade and maintenance, after which trading activities on the platform became unavailable. The Telegram channel was muted, and communication with the founder was impossible.

On July 31st, at 21:00, the exchange released a statement claiming that the maintenance was completed and trading functions were restored. However, upon accessing the trading page, BTC's trading volume showed zero, and the order book displayed significant price fluctuations. ETH also experienced dramatic price fluctuations despite having minimal trading volume.

According to the official website, the exchange has been unable to conduct transactions since the announcement of its fifth-anniversary celebration on July 28th, with the activity's original date set for August 1st.

Upon reviewing the information on ZT Global through WikiBit, it was found that ZB Global's rating is not high, and its business operations extend beyond the scope of obtaining financial licensing permits. Additionally, it has received 31 complaints in the past 3 months.