币界网报道：Xeggex, a cryptocurrency exchange, has filed for bankruptcy, leaving approximately 12,000 users unable to recover around $80 million in assets. The platform, which primarily served small-scale traders, abruptly halted withdrawals and trading activities before announcing its insolvency. Users reported difficulties accessing funds for weeks prior to the shutdown, with customer support remaining unresponsive. The exchange cited "financial instability and operational challenges" as reasons for the closure but provided no detailed explanation or recovery plan for affected customers. Legal experts suggest the bankruptcy process may take years, with little hope for full asset recovery. The incident highlights ongoing risks in unregulated crypto trading platforms, particularly those catering to retail investors. Regulatory authorities have yet to issue statements regarding potential investigations into Xeggex's operations or fund management practices prior to the collapse.