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AEX Exchange Proposes New Funds Retrieval Solution to Customers

Published 09/01/2023, 16:01
Updated 09/01/2023, 16:15
AEX Exchange Proposes New Funds Retrieval Solution to Customers
AEX
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  • Embattled AEX exchange has added a new solution for customers to retrieve trapped funds.
  • The new solution by AEX will be executed by a third-party law firm and a third-party management company.
  • Customers are free to choose between the new solution and the existing “soft payment” strategy.

Embattled cryptocurrency exchange, AEX, has provided an additional solution for customers whose funds are trapped on its platform. According to an announcement on its website, this latest solution is an option added based on the previous one released last month. AEX claims that the essence of this option is to increase customers’ choices and speed up the process of retrieving their funds.

The additional solution involves three specific measures that AEX believes will further simplify the retrieval exercise. It hopes that by adopting these measures, the rights and interests of its customers will be better protected under the current situation.

Measures taken by AEX include transferring part of the project rights to the client at a lower discount using a third-party law firm and a third-party management company. This will cover those rights that are expected to be relatively predictable.

Customers choosing this option will be required to sign the equity purchase contract provided by the company with their real name. They will also complete a ...

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