News

Ben Caselin Speaks Up To Defend AAX Scam Exchange

Amid rumors of bankruptcy and accusations of planning a scam, former vice president of AAX exchange Ben Caselin has spoken out about the company has completed paying employees as agreed. This raises a suspicion that he is also involved in the AAX scam.

As was updated in an earlier Coincu News article, after the AAX exchange announced capital difficulties, its vice-president Ben Caselin announced his resignation as his attempts to resolve the matter were disapproved.

At a time when AAX is receiving countless fraud allegations from their customers, the company’s key people are currently uncontactable and are said to have planned in advance to get away with the money.

However, at this point, Ben said that the employee’s salary was indeed settled as promised. Besides, he also said that the current rug pull suspicions are just speculation.

According to previously updated AAX staff, many employees received notice of dismissal from before this exchange announced the shutdown of trading on November 13. According to this, they will get their last salary were only promised 50% of their assets on AAX.

In his share, he also mentioned the issue of why he didn’t report it to the HK police, his reply stated that this will not work because AAX is an exchange based in Seychelles although although AAX originated from HK.

The question is where does the exchange get money to pay employees, if that is true, then taking users’ deposits to pay employees’ salaries is an act of embezzlement.

It is these things that have caused users who are suffering from the exchange to suspect that he is also one of the members of AAX’s fraud scheme and the reason for this.

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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Coincu News

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