Crypto platform Uphold delayed numerous withdrawals in early November, alarming customers and prompting criticism on social media. The company attributed the problems to a disruption at an unnamed third-party transaction monitoring provider and said most operations were subsequently processed. Delays ranging from a few hours to four days were nevertheless still reported, fueling claims of a “bank run,” although no independent evidence has confirmed this. The disruption coincided with an address-screening outage at Chainalysis on November 4, but nothing confirms that the company was the provider involved.
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