After the crypto exchange AAX (Atom Asset Exchange) stopped withdrawals, its office in Nigeria was raided.
Hong Kong-based cryptocurrency exchange AAX has temporarily stopped its services, citing FTX events in mid-November. Announcing that it will suspend its services for about 10 days, the exchange attributed this decision to the failure of a third-party partner. While the stock market was trying to pick things up, company executive Ben Caselin announced his resignation. AAX users, on the other hand, are reacting to the events.
Raid on Nigeria Office by AAX Users
Users of AAX (Atom Asset Exchange) in Nigeria recently raided the Lagos office of the popular cryptocurrency exchange and attacked employees.
Users who reacted to the crypto exchange’s stopping of its services asked the exchange, which stopped withdrawals on November 12, to remove this application.
While the Stakeholders of the Nigerian Blockchain Technology Association (SIBAN) confirmed the attack, no information was given about when the attack took place. SIBAN also called on users to stop victimizing exchange employees.
On the other hand, SIBAN reminded the founders of AAX about the obligations of the exchange to users. It also made recommendations for steps AAX and its employees in Nigeria could take to regain user trust.
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