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AAX
AAX Likely Moving Toward Legal Procedure, Former Exec Predicts
Hong-Kong based crypto exchange AAX closed out its derivatives position. The company said in a statement on Nov. 19 that the firm "has a chance ... of resuming normal operations." Former AAX VP and Head of Research Ben Caselin says "that's definitely not my sentiment observation," adding the exchange is likely moving to a legal procedure.
Shuttered AAX Closing Out Derivatives as it Hopes to Reopen
Hong Kong-based exchange AAX will close out derivatives positions as it attempts to return to normal following a hack. Two days after FTX filed for bankruptcy, AAX suspended withdrawals saying they did so to avoid fraud and exploitation after a maintenance partner failed. Former AAX VP and Head of Research Ben Caselin breaks his silence.
Hong Kong Crypto Exchange AAX Unlikely to Reopen, Former Communications Chief Says
The exchange shuttered on Nov. 13 after a reported hack.
Shuttered AAX Will Close Out Derivatives, Citing ‘Chance’ of Return to Normal
The Hong Kong crypto exchange hopes to be able to raise enough capital to reopen following a hack.
Hong Kong Crypto Exchange AAX Reopening Hinges on Capital Raise
The exchange shuttered activity Sunday at first blaming turbulent markets, but has denied having exposure to Sam Bankman-Fried's now-defunct FTX
Crypto Exchange AAX Suspends Withdrawals as FTX Failure Reverberates
The suspension for as long as 10 days was blamed on the failure of an unidentified third party. The Hong Kong-based exchange has said it has no exposure to Sam Bankman-Fried’s company.
