I understand many exchanges are having troubles with deposit and withdrawals. I am trying to connect the dots here and request any one to share any more info because our hard earned money is stuck in these exchanges.

Recently there was series of raids for tax compliance on many exchanges by income tax authorities.

These exchanges earlier had delays but that was due to load. After these raids, some exchanges mysteriously started avoiding or penalizing deposits/withdrawals. However some are back to normal.

Coinsecure - which was also part of raid, is back to normal, no deposit or withdrawal issues

Koinex - consistent deposit and withdrawal stopped with no date or fix in sight.

Coinome - new to market, not accepting new users, but who knows, this deposit/withdrawal issue could also be the cause for them to suspend the new signups.

ethexindia - all deposit and withdrawal stopped when am writing this, with no date in sight.

coindelta -all deposits/withdrawals stopped though new signups allowed

some are accepting payment gateways but that is with 2% charge which is a no go.

What I feel could be one inference is that, those exchanges who showed good compliance probably are going smoothly. For eg, Coinsecure.
But exchanges like koinex are new to market (started only this year), so probably struggling with compliance, triggering red signals from authorities, which further leading to banks no more co operating or freezing till they are back to compliance.

This is just one theory. What do you think? And do we have any info that could add peace to the mind?

What is more surprising is there, despite the fiat freeze, the trade on koinex going on smooth, with prices higher or equal than other exchanges. While one can deposit cryptos and continue trading, I still wonder, how this could go on without any dump as many users are naturally frustrated due to fiat blockage.