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  3. ZachXBT Raises Alarm Over JuCoin Withdrawal Problems and Reserve Doubts
2 days ago

ZachXBT Raises Alarm Over JuCoin Withdrawal Problems and Reserve Doubts

Securityblockchain securityBybit hackcrypto exchangeJuCoinJuDAOProof of ReservesToken 2049ZachXBT

TLDR: ZachXBT flagged JuCoin after multiple users reported withdrawal problems over the past week. JuCoin’s $511M reserves are allegedly overstated, mostly backed by self-issued USDC and USDT. JuDAO suffered a $20M loss in 2025 and a $225K smart contract exploit in April 2026. At least $5M linked to the Bybit DPRK hack was reportedly moved [...]

The post ZachXBT Raises Alarm Over JuCoin Withdrawal Problems and Reserve Doubts appeared first on Blockonomi.

Source: Blockonomi →

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