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Debt Collection Dispute — crypto exchange froze my withdrawal

Started by worried_dev_advice · Feb 3, 2026 · 1,240 views · 17 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
WD
worried_dev_advice OP

Quick background on my situation — any input appreciated.

crypto exchange froze my withdrawal. I've been dealing with this for about 12 months now and the situation isn't improving.

The amount being held/disputed is approximately $42,193. I have tried contacting their legal department 6 times with no resolution.

What are the risks if I pursue this? What's the likely timeline?

AP
anon_parent_legal

Have you tried reaching out to your state's bar association? They sometimes have free resources or mediation services.

RM
RestaurantOwner_Miami

I've seen this play out several times in my field.

The biggest mistake people make in this situation is having everything documented. I'd recommend keeping a detailed timeline instead.

AF
asking_for_friend_renter_NC

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

TL
Mod_TermsLaw Moderator

Licensed attorney — a few thoughts. Here's my take on the legal issues.

The legal framework here involves both federal and state law. At the federal level, Regulation E. Your state may provide additional protections.

I'd recommend documenting everything in writing from this point forward. Keep copies of all communications.

HC
HRManager_Chicago

I went through almost the exact same thing.

In my case, it took about 1-3 months to resolve. The key was escalating to a supervisor/manager.

AF
asking_for_friend_worker_OH

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.

FT
frustrated_trader_WA

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.

DS
desperate_student_TX

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

DS
DevOps_Seattle

I've dealt with this before.

What worked for me was hiring an attorney to send the initial letter. It took 2-4 months but was worth it.

WB
worried_buyer_MA

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

PB
PatentAgent_Boston

Been there. Here's what I learned.

In my case, it took about 1-3 months to resolve. The key was escalating to a supervisor/manager.

HM
help_me_buyer_2024

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.

SM
SeniorDevMike_PDX

I've dealt with this before.

I ended up hiring an attorney to send the initial letter, which cost about $2-4 but saved me a lot more in the long run.

FD
frustrated_dev_legal

Have you tried reaching out to your state's labor board? They sometimes have free resources or mediation services.

AD
anon_dev_2024

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

PJ
Paralegal_Jen

I've seen this play out several times in my field.

In my case, it took about 4-8 months to resolve. The key was filing with the appropriate government agency.

FT
first_time_employee_2026

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

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