BlockBeats news, on November 28, XT Exchange issued a statement regarding the abnormal outflow of platform wallet assets, stating, "Today we discovered an abnormal asset outflow from the platform wallet with the on-chain address: 0xdb3ded7731c781224ec292e2163d9554c094fd7c, which is currently under active investigation by the technical department. According to verification, the amount involved is around 1 million USD (12 cryptocurrencies), and this asset belongs to the platform's own assets, which will not harm the interests of any customers or users.

XT Exchange has always insisted on reserving 1.5 times the asset reserves of the exchange users' funds and plans to launch the Merkle Tree asset verification system in mid-December to further enhance the transparency and security of the exchange."