Just received notification from SWYFTX that effective almost immediately (April 8th) all Crypto deposits will be to a newly generated address. Deposits to existing addresses will be "unrecoverable".
Why is this scamming?
Because loads of customers would have previous addresses saved in address books or otherwise accessible previously used addresses.
SWYFTX obviously still has these keys and can easily recover these assets. This is a bizzare and arbitrary decision and will undoubtedly result in a huge amount of "unrecoverable" deposits SWYFTX will then effectively steal.
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