AAX Exchange Suspends Operations, Needs 7-10 Days to Restore User Assets

The crypto exchange AAX issued a system upgrade notification, stating that the current system updates involve essential functions including the wallet part, and some users' data was found to be abnormal during the reboot process. After evaluation by the company's technical team, the overall data needs to be proofread and restored to ensure the accuracy of users' asset data, which is expected to take 7-10 days.

Currently AAX has suspended trading and withdrawals to avoid fraud and exploitation.