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-withdrawalsEven when it is clearly that the customers are scared of losing their money as the exchange may face some bankruptcy, they are still assuring their customers of their funds being saved and nothing will happen to them after the upgrade they’re planning on. Banking on the years of premium services they’ve rendered to the Indian people as a weapon to support their claim. We have heard of bigger exchanges that faced bankruptcy such as the case of FTX whom happen to be one of the top exchanges in the world. If such can face such setback then every other can also be faces with such. I believe a word is enough for the wise. Exchanges are not where to keep and save your money but just as the name implies to exchange your coins to fiat and if you’re a trader, can use some part of your money to trade on the exchange only. Still many days left to when withdrawal will be allowed, hopefully no negative outcome will be the result after waiting.