The cryptocurrency exchange ZT Global is suspected of running away, and the platform is no longer able to conduct transactions

ChainCatcher news, according to reports from Wu, some community users have reported that a cryptocurrency exchange named ZT Global is suspected of running away. Since announcing a system upgrade maintenance on July 28, trading on the platform has been impossible, the TG channel is muted, and the founder cannot be contacted.

On July 31 at 21:00, the exchange issued an announcement claiming that maintenance had been completed and trading functions had been restored. However, the trading page showed that a buy order of only 0.0006 BTC (17 USD) pushed the price of BTC on the platform up and maintained it at 60,000 USD, while the price of ETH also experienced significant fluctuations with only a few dozen dollars in trading volume.