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ZB.com Debacle Review | Platform Closure, Withdrawal Difficulties, and Unknown Funds
6 months before
Summary：ZB.com Runaway Review: ZB.com, once a well-known Chinese cryptocurrency exchange, is suspected of running away due to platform closure, blocked user withdrawals, and unknown whereabouts of funds. Be vigilant to the high risk.
1. Summary of Evaluation Conclusions
ZB.com (Zhongbi.com), once one of China's mainstream cryptocurrency exchanges, shifted its operations to overseas markets following China's regulatory crackdown in 2017. However, starting in 2022, the platform repeatedly encountered withdrawal freezes and trading interruptions . Following a hacker attack in 2022, the platform completely declined and is still considered a runaway platform.
2. Platform Background Review
Founded : 2013, launched in China;
Transformation process : After 2017, the company moved overseas and continued operations;
Market influence : once ranked among the top 20 exchanges in the world;
Point of contention : The whereabouts of user assets are unknown after the hacker attack.
3. Timeline of the Thunderbolt Incident
August 2022 : ZB.com announces it has been hacked, resulting in losses of approximately $50 million.
August 2022 : Deposits and withdrawals were subsequently suspended, and the platform gradually came to a standstill;
2023–2024 : Users continue to complain about withdrawal failures and customer service disconnection.
2025 : The platform is essentially closed, and the whereabouts of the funds are unknown.
4. Signs of a scam/runaway model
The losses from hacker attacks are huge : the security of funds is completely lost;
Withdrawal freeze : User assets cannot be retrieved;
Official loss of contact : lack of transparent announcements and compensation plans;
Complete outage : the website is closed and the application is inoperable.
5. Risk Rating (BrokerHiveX Standard)
| Dimensions | Rating (0–10) | Comments |
|---|---|---|
| Fund security | 0/10 | Funds stolen after hacker attack, users cannot retrieve them |
| Compliance supervision | 0/10 | No valid regulatory license, complete suspension of operations |
| transparency | 0/10 | No loss details or audits were disclosed |
| User reputation | 0/10 | A large number of user complaints and word-of-mouth collapse |
| Technical strength | 1/10 | There was some infrastructure, but it is no longer in operation. |
Overall rating: 0.2/10 (Extremely high risk platform)
VI. Media and Community Evaluation
CoinDesk : reported that ZB.com was hacked and lost $50 million;
Community feedback : Users have complained extensively on social media and forums about being unable to withdraw funds;
Industry opinion : It is generally believed that ZB.com has completely run away.
7. Investor Precautions
Completely abandon ZB.com and avoid any top-ups or transactions;
Preserve historical data for future rights protection or legal proceedings;
Switch to compliant platforms such as Coinbase, Binance, and Kraken;
Improve risk control awareness and be wary of "resurrection scams" of exchanges that have been shut down for a long time.
8. Conclusion
ZB.com went from being a long-established exchange to a complete collapse, with its withdrawal freezes and disappearing funds being no different from typical runaway platforms.
Final verdict: ZB.com = an extremely high-risk exchange that may go bankrupt. Stay away from it.
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