Multiple withdrawal requests on WOO X have remained in “pending” or “processing” status, with some users reporting canceled transactions. As of the latest updates, WOO X has not provided a public explanation for these delays.
Withdrawals Remain Blocked for Days
A recent alert from on-chain investigator ZachXBT has shifted the focus toward whether these issues are isolated technical glitches or a broader problem involving the processing of client funds.
Your users were ignored for days so I had to bring attention to the matter.
— ZachXBT (@zachxbt) September 6, 2026
-Why did you delete your old post and remove the language threatening me?
-Why were all of these user withdrawals not processed for days?
-Why is the current WooX owner hidden behind offshore entities? pic.twitter.com/3GEYHu5heK
The official WOO X support center indicates that the exchange has previously suspended withdrawals across specific blockchain networks for technical maintenance. However, in this instance, no announcement has been made to explain the three-day delay, nor is there information regarding when affected requests will be fulfilled.
The delay itself does not prove a problem with the platform’s reserves or solvency. Nevertheless, the lack of an official explanation is increasing scrutiny, particularly as users struggle to determine if their funds are simply in a processing queue or restricted by more serious limitations.
FusionX Acquisition Adds a Second Focus
WOO X was acquired by FusionX Digital during the fourth quarter of 2025. ZachXBT highlighted potential links between the new owner and BitMart founder Sheldon Xia, though public reports on the matter note that some of these connections have not yet been independently verified.
While this corporate structure is important for assessing the situation, it does not establish a direct link between the current operational issues at WOO X and those experienced by BitMart.
BitMart Issues Heighten Market Anxiety
BitMart began phasing out its trading platform on July 26. In the weeks following, many customers reported that their withdrawal requests remained unprocessed, despite initial assurances that services would remain accessible.
Reports of inaccessible funds continued through August, with users demanding detailed information regarding reserves and a clear repayment plan.
This specific context makes the warning from ZachXBT more sensitive for the market. While it does not mean WOO X is facing the same scenario, prolonged withdrawal delays typically raise questions about a centralized exchange’s operational infrastructure, liquidity, or internal procedures.
The Next Signal Must Come from WOO X
Currently, there is no public evidence suggesting WOO X is insolvent or that client assets are missing. No suspension of operations has been announced.
The ultimate test is straightforward: whether the backlog of withdrawals will be cleared and if the exchange will provide a verifiable explanation. The longer both remain absent, the harder it becomes to view the situation as a standard technical delay.