Solana-focused BullX still exists despite allegations it 'called it quits'
A viral post on X earned hundreds of thousands of impressions with the allegation that BullX, a multi-blockchain cryptocurrency exchange, “called it quits.” A critic claimed its CEO deleted his Telegram account, underpaid influencers for referrals, and delayed withdrawal requests. BullX is a trading system that allows users to execute trades across several so-called decentralized exchanges (DEXs). BullX emphasizes Solana DEXs but supports several other blockchains and layer 2s. Certain facts are true. BullX has not posted anything on its X account since February 9. There is also contention by several influencers within the X thread about referral payouts. However, the CEO responded to the viral tweet, indicating that he is continuing to respond on social media. Moreover, and although claims about underpayment for referrals continue, the exchange seems to be fully operational. A dashboard of BullX volume shows tens of millions of dollars in continued trading activity ov...