News

AAX Vice President Ben Caselin Resigned Amid Bankruptcy Rumors

The vice president of cryptocurrency exchange AAX shared that he resigned from the company along with helplessness because his proposals were not accepted. The community is also raising rumors that the company may be about to face bankruptcy.
Ben Caselin, vice president of AAX exchange

On November 28, Ben Caselin, vice president of cryptocurrency exchange AAX, tweeted that he had resigned from the exchange, saying that many people had asked for his help, including his family.

He fought for the community, but his proposed initiatives were not accepted, there was nothing he could do and everyone waited for the next action.

“People, including my own family ask me for help, but there is nothing I can do. Everyone is waiting on actions. I still believe things will be handled without evil intentions, but the damage is done. The brand is no more and trust is broken.”

He said

As was updated in the previous Coincu News article on November 13, the AAX website unexpectedly suspended service, claiming that due to a third-party partner’s error in system upgrades, the integrity of Some user data is not good, affecting platform services and risk management.

Currently, AAX has halted withdrawals for more than 15 days, this exchange has deleted its official Youtube channel and Facebook account, there are rumors that AAX is about to go bankrupt.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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