Exchange record
CoinFLEX
Cryptocurrency exchange that halted withdrawals in June 2022 during a liquidity dispute involving a large counterparty. CoinFLEX later became linked to the Open Exchange / OPNX transition, with OPNX positioned as a new venue connected to CoinFLEX leadership and creditor recovery plans. HEI treats CoinFLEX as a rebranded / superseded exchange identity with OPNX as the successor record, while retaining the 2022 withdrawal halt as the critical failure event.
Registry sequence
Key facts
URL handling
Summary
Cryptocurrency exchange that halted withdrawals in June 2022 during a liquidity dispute involving a large counterparty. CoinFLEX later became linked to the Open Exchange / OPNX transition, with OPNX positioned as a new venue connected to CoinFLEX leadership and creditor recovery plans. HEI treats CoinFLEX as a rebranded / superseded exchange identity with OPNX as the successor record, while retaining the 2022 withdrawal halt as the critical failure event.
Timeline
CoinFLEX operated as a centralized cryptocurrency exchange before its 2022 liquidity crisis and later OPNX-linked transition.
CoinFLEX suspended customer withdrawals during a liquidity dispute involving a large counterparty later identified by CoinFLEX leadership as Roger Ver.
Open Exchange / OPNX emerged as a new exchange venue connected to CoinFLEX leadership and creditor recovery plans. HEI links CoinFLEX to the existing OPNX successor record.