Omg tried to withdraw money from chocolate finance cannot immediate withdrawal. Say need up to 10 working days to withdraw

[cosmothecat]

I remember that time Luna crash, hodlnaut also delay withdrawal and clarify that they are not affected by the crash, then a while later also uplorry.

Paging for expert:

@articland05

 

[popdod]

Signs of collapsing.

2025 still need 3-10 days to withdraw.
should be instant !!!!

 

[lowveld]

wtf! Withdrawing everything nao!

 

[MaskedRider555]

gg riao?????????

 

[carey]

chocoLATE.
what do u expect..

Siao liao, now that has melted, creating a sticky situation for everyone

 

[Emperor_Hippo]

why so many ppl withdrawing from choco finance ? something cooking in the background or what?

Tiramisu or hot chocolate

Isn't it illegal to induce fear and trigger a bank run?

another influencer bites the dust yeah

 

[Emperor_Hippo]

Waiting for MAS to POFMA him.

still pofma, file charges under AGC's advice to him liao loh.

 

[saikangwarrior]

I just withdrew all also

 

[carey]

u think some of them they endorse for the fee or endorse because they know what the **** is going on ?

Before FTX collapsed spectacularly, a lot of stars also endorse them mah

 

[Emperor_Hippo]

That's why countries like Australia have banned Finfluencers basically, our laws a bit behind on this till certain objects hit the fan

if SG pass law to ban finfluencers, what content will stupid ppl make?

college humour ripoffs "10 types of ppl u will see in office? or be one of those adfluencers for local brands? forget it, i still love my Conti brands.

 

[speedsonic]

can MAS step in for the liquid withdraws?
dbs one shouldnt be excuse for mon.

https://www.digfingroup.com/chocfin/

i thnk they should still provide interest as it is their given assurance, for the immediate liquidity.

 

[fortunecat]

Wlwl, first is delay, after that will be halt liao

 

[Subprimer]

easy money comes and goes

 

[fortunehunter]

It gives 3% pa. Why don't put cpf better

 

[Acetone]

Jialat… issit cash flow problems. Got ask what they do with your deposits or not ? Maybe all in BTC or Crypto, that’s why cannot cash out to you.

 

[weiess]

Siao liao, now that has melted, creating a sticky situation for everyone

very scary..
this chocolate not cover under sdic right?

 

[Acetone]

But chocolate is not a crypto company like hodlnaut lei

These kind of digital banks are pretty much run like an SME

 

[carey]

very scary..
this chocolate not cover under sdic right?

No, it's not

That's why it has to pay higher interest to "attract" funds

 

[Acetone]

Isn't it illegal to induce fear and trigger a bank run?

If it’s true, I don’t think it’s illegal.

 

[sPacEmAn_sPiFf]

are they experiencing bank run ?