VP of AAX speaks out towards dealing with of firm chapter resolution

by Jeremy

Vice President of the Hong Kong change AAX, Ben Caselin, has introduced that he has resigned.

In keeping with reporter Wu Blockchain, a screenshot was launched detailing the corporate’s resolution to declare chapter and liquidate. The caveat that accompanied this resolution was that workers will solely see November salaries assured whereas customers solely in a position to retrieve half of their belongings from the platform.

Caselin mentioned in his personal thread that he had “positioned numerous belief on this change” and described the best way AAX dealt with the state of affairs as “with out empathy and overly opaque.”

“Individuals, together with my family ask me for assist, however there’s nothing I can do. Everyone seems to be ready on actions. I nonetheless imagine issues shall be dealt with with out evil intentions, however the harm is completed. The model is not any extra and belief is damaged.”

Caselin concluded by explaining that he has disabled “rather a lot” of his social media as events attain out to him for resolution.

“…Individuals imagine I can remedy the problem, I can’t. That is for the founders and board. I’ll proceed to observe. And proceed to hope.”

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