Nansen CEO Responds to CZ: Stopping Withdrawals Is Exchange Incompetence and Frustrating
Alex Svanevik, chief executive of Nansen, said on the X platform in response to Binance Allianz CZ's suggestion that Bybit suspend withdrawals in the event of a security incident: "As a user, the problem with stopping withdrawals is that exchanges show extreme frustration with their own funds, even without hacking, withdrawals are blocked or delayed, which is why many people give up on Coinbase - they delay user withdrawals too often."