Exchange record
IDAX
Mongolia-based cryptocurrency exchange launched in 2017 that was publicly treated as dead by 2020-03-31 after suspended withdrawals, a missing CEO, and widespread exit-scam handling.
CEXDeadScam / Rug
Also known as: Idax
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Key facts
Launch date
2017-01-01
Death date
2020-03-31
Years
2017–2020
Origin
Mongolia
Confidence
high
Last verified
2026-04-20
URL handling
Preferred action
Use current URL handling based on status below.
URL status
Unknown
Original URL
https://www.idax.pro/
Archived URL
Summary
Mongolia-based cryptocurrency exchange launched in 2017 that was publicly treated as dead by 2020-03-31 after suspended withdrawals, a missing CEO, and widespread exit-scam handling.
Timeline
IDAX users lost withdrawal access amid CEO disappearance
2019-11-24withdrawal_suspendedhigh
Public reporting stated that withdrawals were suspended and that the exchange's CEO had gone missing, leaving users unable to access funds.
IDAX was moved to dead-side handling
2020-03-31shutdown_effectivecritical
Public exchange-status sources marked IDAX inactive and effectively dead by 2020-03-31 after months of suspended deposits and withdrawals and unresolved CEO-disappearance claims.
Evidence
Related records
Notes and record state
Record note
Terminal handling uses the 2020-03-31 public dead-side marker. Death reason is mapped to scam_rug because public reporting described the case as an exit-scam style disappearance tied to a missing CEO and frozen withdrawals. HEI uses Mongolia and 2017-01-01 as conservative canonical markers.
Revision state
Records may be incomplete, approximate, contested, or revised as better evidence becomes available.
This record may be incomplete or revised. Dead-side entries prefer archived URLs over original domains. Dates, causes, and classifications may change when stronger evidence becomes available. Contact / corrections
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