Malta-based exchange opened less than a year ago is shutting down

CGEX, a Malta-based exchange opened by South Korea’s Coinone less than a year ago, is shutting down, CoinDesk reports. As per an announcement last week, CGEX said that all services will be terminated on September 18, 2019 at which time customers will no longer be able to log in or make deposits and withdrawals. Two months earlier, CGEX announcement a temporary suspension effective on July 17, 2019 at which point trading would be halted, deposits could no longer be made, active orders would be canceled and the API keys would be disabled.