Cryptocurrency exchange shutting down its operations AAX’inmanager Ben Caselinannounced his resignation from his post.
One of the world’s largest cryptocurrency exchanges of FTX bankruptcy created a domino effect in the sector. Many crypto companies are struggling with bankruptcy and liquidity issues. Cryptocurrency exchanges, in particular, are going through tough times due to FTX events. One of them, the AAX exchange, had stopped its services and withdrawals. Weeks later, the stock market came to the fore with the turmoil in company management.
AAX Manager Says The Company Has Lost Its Brand Value
Cryptocurrency exchange of AAXformer manager Ben Caselin announced his resignation via Twitter. Vice President of Global Marketing and Communications CaselinHe talked about the reasons for his resignation.
Caselin stated that he believes that despite the current situation, things will be handled without malice. But the former manager said that the brand image is no longer there and trust is broken. The former manager underlined that he was fighting for the community and that his initiatives were not accepted.
Caselin’s It was noteworthy that everyone, including his family, said that he was waiting for help. The ex-manager’s reproaches reflected the process in the company. Caselin, of AAXHe said it represented something over the years and now it’s all gone to waste.
