It's unacceptable what they did with Dexon token dumping and now another unethical move to wind up the company and make COB investors a loss with their investment.
I think Cobinhood investors should sue the company for this exit scam strategy because these people adding black marks to cryptocurrency industry for their own gains. However, I don't think that investors can do something in the courts due to lack of legislation for these kind of scams.
If I am not mistaken, this is the 3rd cryptocurrency exchange that will be closed very soon this year after Cryptopia and UEX.
They didn't dump dxn lol, only 37k tokens were sold.
The dxn unlocking still makes the coins unable to be moved for 24h firstly.
What actually happened was that when the nodes went offline, people panicked and pulled buy orders and then dumped the 37k tokens.
The dxn team took 15 nodes offline - 15m tokens, so nowhere near the amount. Also they hold like 800m tokens as is and wouldn't need to take nodes off to dump.