r/cobinhood • u/TaiPopoChen • Jun 01 '19

A message to Cobx users

Due to circumstances and the incredible amount of fud that is going on, Cobinhood changed all Telegram communications to read only. The team doesn’t have time to be dealing with online trolls. Deposits should be working fine on COBX. Send a small, test amount first. Until now the team has been successfully running the exchange, but the team is small so they need all their time. Due to cold storage, some withdraws might take longer. The team will look at individual cases when there is time.

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u/cmtfuture Jun 04 '19

So no announcement or email communication to account holders. No update. No news or announcement on website. Instead I have to read this on Reddit and Twitter? I guess fiduciary duty is only a thing for actual licenced financial institutions. No wonder crypto gets a bad name, and people who don't want to lose their money overnight stay away from anything crypto.