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Hong Kong Crypto Exchange AAX Unlikely to Reopen, Former Comms Chief Says

Troubled Hong Kong crypto exchange AAX is now more likely to be unwound than resuming normal operations, its former head of communications Ben Caselin told CoinDesk TV Wednesday in his first interview since resigning earlier this week.

AAX shuttered services on Nov. 13 following what it said was a malicious attack in which it was left unable to verify customer balances and allow people to withdraw their holdings, and Caselin seems unconvinced that it will ever fully reopen.

(by Jack Schickler)

Hong Kong
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