Coinnest is a South Korean crypto exchange created with blockchain technology. They destroyed all of their users' funds and shut down the exchange.
I can't say very good things about Coinnest. In fact, when Coinnest was first released, it developed very rapidly, the number of users increased rapidly, the transaction volume increased a lot, but suddenly things started to go bad. The exact cause is still unknown, but the stock market closed quickly and users were victimized. Some news sources accuse Coinnest developers of bribery, while other news sources say the exchange is closed due to disagreements between Coinnest developers and the Korean government. I am one of the victimized users. Some users said they pulled their assets out, but these are not believable at all. There is no court to seek my right because decentralized exchanges and transactions are also accepting them with your consent when you register on an exchange.
I think users who are victims of Coinnest will never trust Coinnest developers in future projects.