TechFlow news, according to Wu Blockchain, some community users reported that the cryptocurrency exchange named ZT Global is suspected of an exit scam. Since July 28, when the platform announced system upgrade maintenance, trading has been unavailable, its Telegram channel has been muted, and the founder cannot be reached.
On July 31 at 21:00, the exchange issued an announcement claiming maintenance had been completed and trading functionality restored. However, the trading page showed that a mere 0.0006 BTC (17 USD) buy order pushed and maintained BTC prices on the platform at 60,000 USD, while ETH prices also experienced severe volatility with only dozens of dollars in trading volume.
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