Insiders: AAX is more likely to dissolve than to resume normal operations

ChainCatcher news, according to a report by CoinDesk citing the former communications chief of AAX, the cryptocurrency exchange AAX is now more likely to dissolve rather than resume normal operations. "I think the more likely scenario is that the company will adopt a more legitimate disclosure process, the information flow is rapidly deteriorating, and decision-making is becoming more opaque."

Earlier reports indicated that on November 21, AAX stated there was a chance to secure enough funding in the coming weeks and resume normal operations. Subsequently, AAX deleted its official YouTube channel and Facebook account. (CoinDesk)