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

[amazingone]

 

[Kwein]

Omg what is going to happy with all my money stuck inside?

Ctrl + A
Delete

 

[FireEmblem]

Omg what is going to happy with all my money stuck inside?

Say bye bye to them

 

[AuraKUPO]

See that kind of name still put your money inside, orbigoot asking for it

 

[SimpleToo]

what happened whats the saga?


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2 major cause is one is due to DBS down on friday result withdrawal halt and second mentioned in seth video is the AXS issue, chocolate blamed AXS for stopping their card initially in faq then after verification from AXS, the issue is actually by chocolate finance who request their card to be block… then chocolate finance later secretly update their FAQ

 

[lifeisinforashock]

Chocolate finance regulated by MAS but not covered by SDIC because ish not bank. The money they used to put into other investments to give you higher returns but ish subjected to market risk

Customers nv read properly.

 

[hardwarezoneguy]

"If you have any questions, please contact customer service and they'll be happy to answer them."

Sounds like customer service is separate entity...

 

[enimen]

Chocolate some more la!

Now chocolate jiak chiu!

 

[Woof24]

Like hodlnaut?

 

[FireEmblem]

"If you have any questions, please contact customer service and they'll be happy to answer them."

Sounds like customer service is separate entity...

Outsourced to another country type

 

[Kunkka]

I bet they regret attracting the wrong crowd with credit card churning

 

[Rosanjinz]

Say bye bye to them

But got so many influencers endorsed them lei

 

[BaChorMee]

Like hodlnaut?

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.

 

[Rosanjinz]

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.

But chocolate is not a crypto company like hodlnaut lei

 

[FireEmblem]

But got so many influencers endorsed them lei

Look for the influencer to get back your money loh

 

[lovemyself123]

But chocolate is not a crypto company like hodlnaut lei

Same business model

expecting the stockmarket to forever go up

 

[Cashflow202]

But chocolate is not a crypto company like hodlnaut lei

market now tanking like crypto so never say never

if they put the money leveraged on capital market really hosay this time


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[lalalalalala]

if really need the money urgently can probably buy capitaland voucher and resell on carousell

 

[Ye_Rongtian]

Custom service?

 

[SimpleToo]

from economic point of view their current biggest issue is with bank run… i personally doubt they kept more than 10% in liquid cash… in reality our local bank dont have so much liquidity as well… if 10-20% of people decide to run will also trigger liquidity issue… the only difference is bank is sdic insured…

that why reputation in financial sector super important… as long one missteps trust all gone