Not a single person at Coinbase has told me anything about “considering” proposals from the project staff. Their response indicates that this is entirely in the hands of the project team. I don’t think Coinbase plans to do anything at all. I hope I’m wrong.
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stop writing your own FUD, you sound more like a project destroyer full of BS, the project makes no gain out of the exchange not allowing you access to your funds.
Maybe if you were the one who had lost 10s of thousands of dollars because of this situation, you would have a little more sympathy and empathy.
These words from Chazdurman above 100% reflect my sentiment:
"So my question is still unanswered. Why is the Fx group refusing to enable the smart contract so that we can move our tokens off the exchange.
It is very easy for you to tell me to be patient and understand. You don’t have thousands of hard earned money in Fx tokens stuck on an exchange. I trusted the Fx group and supported it. But now this is how we Fx token holders on Coinbase are being deserted."
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the funds are in the control of the exchange, you just look like a bunch of paid FUD brokers to me.
the questions have been answered as plainly as they can, I can’t help your impatience to wait a resolve,
And what options were customers actually given? For the exchange to swap into an unlisted token… a swap Coinbase users never signed up for, at a valuation that slashes their holdings, and into markets with thinner liquidity where the token isn’t even listed on Coinbase itself.
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Calm down bro
Team has working out to fix this
Just wait
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you signed up for the swap the moment you brought into the coin sunshine, all exchanges were in line to do the swaps, the swap is inevitable.
If Coinbase can be crystal clear — “trading resumes once transfers are re-enabled” — why can’t Pundi be transparent?
What “options” were actually given to Coinbase? What’s the timeline? What are the next steps?
Prove me wrong the project isnt asking coinbase to do a forced swap to PUNDIAI. Tell us what was proposed.
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Your posts are clearly evasive and you are intentionally avoiding the main question.
Coinbase wants Fx tokens holders to move their tokens off the exchange. BUT THIS IS NOT POSSIBLE BECAUSE THE FX TEAM HAS PURPOSELY DISABLED THE SMART CONTRACT TO BE ABLE TO TRANSFER THE TOKENS.
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what part of this response are you not understanding, Fx-pundiai swap bug and response ( NOT PUNDIX) - #71 by indra
because it’s clear your just not excepting what your told.
Yes correct, please refer to my post here.
We are still waiting for the final decision from Coinbase, they have informed us that they are still on internal discussion regarding this matter.
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About Coinbase & $FX Trading and Withdrawals
We understand the frustration some users are facing with $FX on Coinbase and we want to clarify the situation as transparently as we can.
Coinbase is a centralized exchange, which means user assets and wallet data are fully managed on their platform. As a result, we do not have access to user wallet addresses or internal holdings; so we are unable to airdrop replacement tokens or assist users directly from our side.
Prior to their public announcement, we proactively shared a proposed solution with Coinbase to help manage the token redenomination and support their users. As of now, we are still waiting for a final decision from their side. Until Coinbase confirms a direction, we are unable to move forward on this matter.
We’ve done everything within our power to assist and will continue following up. We ask for your patience and understanding while we wait for Coinbase to complete their internal process.
Our team remains fully committed to helping affected users, and we’ll provide updates as soon as we receive confirmation from Coinbase.
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Indra,
What is the reason the Fx team has intentionally disabled the smart contract for the Fx token to prevent withdrawal of Fx tokens off Coinbase?
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fx pundi ai hacked incident
In my opinion:
HTX is an offshore exchange with far looser oversight, while Coinbase is a publicly traded U.S. exchange under the direct scrutiny of regulators. Coinbase can’t just accept a forced swap when transfers have been frozen for over a month and investors are locked out of their own funds.
Coinbase’s first obligation is to protect its customers. When the smart contract was paused on July 13th, Coinbase’s ability to process deposits and withdrawals was broken. Nearly three weeks later, with no resolution, they had no choice but to suspend trading.
So let’s be honest: this isn’t about Coinbase dragging its feet. It’s about the project trying to force a major U.S. exchange into a swap against its policies — and that gamble backfired. HTX may have gone along, but Coinbase won’t risk regulatory exposure just to clean up the project’s mess.
The real solution is simple: restore transfers. Give investors their funds back. Stop pointing fingers at Coinbase and start owning the consequences of decisions made at the project level.
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No, Coinbase has informed us that they are still discuss internally and will update for decision.
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Hi Indra, can you please ask the responsible FX core team if the smart contract vulnerability has been fixed after the hack?
We just want a simple yes or no please, 
Thank you.
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Hi, the FX onchain transfer freeze on Ethereum is one of the solution to solve the previous vulnerability issue.
Users can still swap to PUNDIAI, but it affect the users that store token on CEX. This case has been informed to the CEX, for example, we assisted HTX to solve this issue on their end.
For Coinbase, we are still waiting for their final decision.
Thanks.
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The so-called “temporary” pause in transfers has now lasted 39 days (since July 13). That pause directly affects investors — and it also immediately impacted Coinbase’s ability to process deposits and withdrawals.
Coinbase didn’t announce the planned suspension of trading until August 1st, almost two weeks after transfers were frozen. That delay is telling. It’s not realistic to believe Coinbase suddenly decided to halt trading without warning. The far more likely explanation is:
Coinbase was in contact with the project immediately after transfers were paused.
The project was given time to explain, fix the issue, or provide a clear timeline for resuming transfers.
When no satisfactory resolution or credible plan was presented, Coinbase had no choice but to escalate to the “nuclear option” of a trading freeze.
The truth is simple: the strategy to force Coinbase into a swap has completely backfired. Instead of protecting investors, it trapped them. Instead of strengthening the project, it destroyed confidence. Every extra day transfers remain blocked causes more reputational damage, more distrust, and more people who will never return.
Stop hiding behind excuses. Admit the mistake. Restore transfers. Give investors control of their own funds.
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