The FTX breakdown created a high level of doubt and fear among crypto investors and users. Last week’s crypto market was filled with uncertainty for crypto asset prices. Investors are afraid to make a move on cryptocurrency after facing huge losses in the recent FTX collapse. On November 13 2022 AAX suspended all withdrawals from the platform in the wake of FTX bankruptcy. The entity stated to avoid exploitation it suspended the withdrawals.
But the situation has changed now. Today Hong Kong-based AAX officially announced that the entity is going to increase the capital market from its platform. The AAX further added that to secure users assets on the platform the entity is going to implement legal procedures. From the past week AAX shareholders contributed extra capital that will help the platform to raise its capital market.
“If we are able to inject additional capital by the end of this week, AAX should be able to resume services as usual. If AAX is unable to secure funding to e
We współpracy z: https://www.thecoinrepublic.com/2022/11/17/aax-decided-to-raise-additional-capital-for-the-users/
