Cryptocurrency investors in AAX are searching for senior executives of the exchange after its decision last month to halt withdrawals triggered a backlash among users.
The Hong Kong-headquartered crypto exchange, which once boasted 2mn users, announced with great fanfare in 2019 that it was the first digital asset exchange to use the London Stock Exchange’s trading technology.
But AAX, which stands for Atom Asset Exchange, halted customer withdrawals on November 13 for what it called temporary “scheduled maintenance” to “address serious vulnerabilities”. Employees at the exchange alleged the outage was caused by liquidity problems.
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