Treasure NFT, an NFT trading platform which promises incredibly high returns, has temporarily restricted cash withdrawals, raising serious concerns among investors about its stability and legitimacy.Â
It should be noted that some users did successfully withdraw their funds but others reported delays, frozen accounts, or outright denials. This inconsistency has alarmed investors, sparking fears about the platform’s financial stability.
Investors note a troubling pattern: early adopters and those actively referring new users seem to have access to withdrawals, while others encounter unexplained technical issues or vague justifications for the delays.
In response to mounting concerns, Treasure NFT released a statement attributing the withdrawal delays to financial system adjustments aimed at complying with local regulations and enhancing fund security. The company announced that processing times would increase from 96 to 168 hours, assuring users that pending transactions would be completed after an internal audit.
Despite these assurances, skepticism remains high. Many fear that the extended processing times are merely a stalling tactic to prevent mass withdrawals before a potential collapse.
As uncertainty grows, investors are left questioning whether Treasure NFT is undergoing genuine regulatory changes—or if it’s on the brink of failure.
