Tuesday’s warning from the Hong Kong exchange was that AAX’s ability to reopen by the end this week will depend on whether it receives additional cash. If that fails, the corporation may have to resort to litigation. Coincu reported Sunday that the exchange had to manually verify customer balances because of the pending lawsuit.
According to a statement on the company’s website, AAX warned Tuesday that AAX’s ability to reopen by Tuesday depends on how much cash it receives. If that fails, it could resort to litigation.
“We will continue to work hard to bring in more capital within our network and throughout the industry. AAX should be able resume normal services if we are able inject additional capital before the end of the week. This will be announced together with follow-up plans to regain our momentum.
It seems that the exchange’s customers are still waiting anxiously.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.Join us to keep track of news: https://linktr.ee/coincuWebsite: coincu.comHaroldCoinCu NewsTags: AAXcryptoFTXhong kong