News like these is not good for the crypto world. They where going to celebrate the 3rd year anniversary of trading cyptos with no fees. Then how do you make money like that??? No fees but eventually they were probably going to steal your coins.
I have not heard of that exchange here maybe they are local exchanges but they do not charge fee for their transaction then they are a big suspect, I prefer trading in an exchange with high fees than no fee because a no fee exchange is up to something or they should have other business to sustain their exchange business.
Me too, never heard about this exchange but OP did mention it is a local Romanian exchange. It seems a lot of exchanges are getting busted because either the staff commits a theft or the owners. It has become quite common now days.
That is why only use trusted cryptocurrency exchanges and never HODL your funds in an exchange wallet. Transfer only that amount which you need for either trading or converting to fiat. Rest should be kept in your personal wallet.