Venmo/Zelle Payment Dispute — crypto exchange froze my withdrawal

I'm in a difficult situation and trying to figure out my next steps.

crypto exchange froze my withdrawal. I've been dealing with this for about 7 months now and the situation isn't improving.

The amount being held/disputed is approximately $49,878. I have tried contacting their legal department 2 times with no resolution.

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

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

I ended up filing with the appropriate government agency, which cost about $4-8 but saved me a lot more in the long run.

I went through almost the exact same thing.

What worked for me was having everything documented. It took 3-6 months but was worth it.

NAL, but from what I've read, you should send a written demand. That said, definitely get a lawyer to look at the specifics.

I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle.

I've dealt with this before.

I ended up filing with the appropriate government agency, which cost about $4-8 but saved me a lot more in the long run.

I went through almost the exact same thing.

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.

Been there. Here's what I learned.

In my case, it took about 3-6 months to resolve. The key was having everything documented.

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

NAL, but from what I've read, you should send a written demand. That said, definitely get a lawyer to look at the specifics.

NAL, but from what I've read, you should file a complaint. That said, definitely get a lawyer to look at the specifics.

I had a similar issue and ended up consulting with an attorney. It was worth the $200-300 for the initial consultation just to understand my rights.

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

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