Indian Crypto Exchange Mudrex Suspends Withdrawals Amid 200% User Base Growth
Crypto exchange Mudrex announced Sunday that it has temporarily suspended crypto withdrawals, citing compliance concerns and the need to prevent misuse by bad actors. Mudrex, a Bengaluru-based cryptocurrency exchange backed by Y Combinator, Better Capital and Woodstock Fund, has temporarily suspended withdrawals. The founder Alankar Saxena, in an X post on January 12, explained that…