WooX users report three-day withdrawal delays as exchange stays silent

Multiple verified WooX users report withdrawals stuck in pending or processing for three days. WooX has not issued a statement.

Reports of stalled withdrawals

- Multiple verified WooX users: withdrawals pending or processing for three days
- Timeframe: past three days
- Status: no official communication from WooX

Ownership and affiliations

- WooX origin: incubated by Kronos Research
- Acquisition: Q4 2025 by FusionX Digital
- Alleged ties: FusionX Digital linked to BitMart founder Sheldon Xia

BitMart cessation and user impact

- Announcement date: July 26, 2026
- Action: BitMart ceased operations and began restructuring
- User impact: no access to millions in stuck funds, complaints increasing on X
- Public statements: Sheldon Xia stated user assets are safe
- Verification: no independent confirmation of safety claims

Current status

- WooX: no statement or clarification issued
- Market context: increased counterparty risk perception for entities connected to FusionX Digital and BitMart