The founder of AEX (AAX) Exchange, Huang Tianwei, was released on bail yesterday in Thailand.

BlockBeats News, July 4th, according to user X @chaoge_btc, it was disclosed that Huang Tianwei, the founder of AEX (An Yin) exchange platform that collapsed in 2022, was released on bail by his family in Thailand on July 3rd at 19:00. To date, only three of the original platform's major users have recovered some of their assets. The platform has been in operation since 2013, with most users being long-time members of the crypto community. The amount of user funds involved is enormous. Currently, Huang Tianwei is still refusing to allow any users to withdraw their funds.

On June 12th, AEX founder Huang Tianwei was arrested at the Mae Sai District Police Station in Chiang Rai, Thailand.

Previously, on July 14, 2022, the cryptocurrency exchange platform AEX collapsed, disabling withdrawals and claiming that it was unable to meet user withdrawal demands due to short-term liquidity issues. On July 17, 2022, AEX officially announced that, "At the request of the police, platform services will be suspended on July 17, 2022, at 15:32 (UTC+8) to fully cooperate with the police investigation. Please stay tuned for further announcements."