News

All AAX Employees Have Been Informed Of The Layoff

According to recent reports, all AAX employees have been notified that they would be laid off. Following current information, the company will go through formal legal liquidation procedures.

The AAX‘s internal email and any internal communication channels are currently closed. The corporation said that information should be transferred and synchronized faster for everyone, yet it appears that information in the rights protection group is rather quickly.

Employees, as well as families and friends of employees, have assets in it, which are now completely locked and cannot be withdrawn. This community has lost sight of its initial mission. The group will be abolished after a period of time, and it will join the rights protection group to track the results.

For more information, because the communication route is closed, the statement can only passively wait for the legal window to notify the corporation. The message also indicated that there will be additional new information that will be synchronized in the rights protection group and that the boss will have a conscience to clean up the liquidation. After all, the boss stated that FTX has no effect on the assets.

The statement reveals the relevant management who is responsible: 

  • CEO (Victor Su, Su Weiyi, Su Weiyi) – Head of AAX (management & control of workers & user assets) 
  • Head of Treasury (Cooper Leung) – Responsible for all financial management (management & control of employees & user assets)
  • Deputy CEO (Jack Yang) – Managing all technology, products, operations, and staff (closed withdrawal)

Updating…

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.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Chubbi

Coincu News

Chubbi

Recent Posts

New US Treasury Crypto Tax Rules Being Implemented in 2025

US Treasury crypto tax rules aim to prevent tax evasion and align crypto tax reporting…

24 mins ago

Spot Solana ETF Approval Is Betting on the 2024 Election Outcome

VanEck and 21Shares are leading the race to launch a spot Solana ETF with bets…

47 mins ago

SEC Consensys Lawsuit Continues to Be Pushed to a Climax, the Blockchain Company Responds

Despite recent developments regarding Ether's classification, the SEC ConsenSys lawsuit for the MetaMask operations remains…

1 hour ago

CoinStats Security Incident Under Investigation to Find Lost $2 Million

The CoinStats security incident caused a $2 million loss, affecting nearly 1,600 wallets, possibly linked…

2 hours ago

Layer 2 for Pudgy Penguins Is Targeted for Development

Igloo has acquired Frame to focus on building the new Layer 2 for Pudgy Penguins,…

3 hours ago

Wall Street Crypto Is Poised To Win More Battles With SEC: Report

A Supreme Court ruling weakens Chevron deference, potentially affecting SEC regulations. Due to reduced SEC…

12 hours ago

This website uses cookies.