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-withdrawalsThere is a high possibility that they have been hacked and in trying to manage the situation, they have to stop withdrawal. They may not want to come out open that they have been hacked to avoid causing panic and thereby ruining their reputation. This is what I feel may be the case or it could also be technical issues which is still understandable. Nevertheless, it is a good example of "not your key, not your coin" because those who might have needed their funds that have been stuck there for some urgent things are not forced to wait and they are not even sure if they will get the money back and what will happen at the end of the day.