This has been the funniest not your key not your coin story I have ever heard. It is about an Indian exchange Mudrex that stopped crypto withdrawal and told people that withdrawal will resume on the 28th of January. That is 2 weeks and 3 days before their customers can be able to withdraw their money. That will also be if nothing has happened to the exchange.
But someone told people should convert their coins to Indian rupee and withdraw Indian rupee. I do not know if Indians that are using the exchange will be able to withdraw to fiat.
https://cointelegraph.com/news/indian-crypto-exchange-mudrex-halts-crypto-withdrawalsI mean it was kinda given because it's a custodial wallet or a dex so they can easily do whatever they wanted to do on your money, but until Jan. 28 that was too long, I mean it was probably reasonable for some exchanges to have some kind of withdrawal restriction for like 24hours something like that, but it needs some kind of legitimate reason for it to justify. But for almost a month of non-withdrawal is just a huge red flag for an exchange. I dont want to put my money in exchanges that do things like this because it is just way too risky.
I wouldn't really be surprised if one day this crypto exchange announces of kind of bankruptcy or just a straight-up scam exchange, I mean just avoid this kind of red flag exchanges, there are a lot of trusted exchanges out there even though I wouldn't really recommend putting a huge amount of money, exchanges are still useful if you want to have some transactions or probably buy cryptocurrency.