Global crypto exchange shut down by Police

EXCLUSIVE| A global crypto exchange has shut down pending an announcement from Police, Asia Markets can reveal.

AEX Global, which has been operating since 2013, announced it was suspending its services from 7:32 (UTC) on 17 July 2022.

“According to the request of the Police in Guangxi, we will suspend the services of the platform to fully cooperate with the police investigation,” AEX said in a statement.

“We apologize for the inconvenience. Please wait for the police announcement.

“Thank you for your continuous trust and support to the AEX platform.”

AEX finished its statement with a risk warning about digital assets, describing them as “innovative investment products whose prices may fluctuate violently”.

“Users are requested to rationally judge their risk tolerance and make decisions prudently. AEX reserves the right of final interpretation of this announcement,” AEX said.