AAX Users Storm Crypto Exchange’s Nigerian Offices, Attack Employees – News Bitcoin News
Nigeria users of crypto exchange AAX, which suspended withdrawals on November 12, reportedly stormed its offices in Lagos and began assaulting employees. Reports of disgruntled AAX users harassing the crypto exchange’s workers came just days after the Nigerian crypto and blockchain advocacy group called for them to refrain from doing so. Meanwhile, the former vice president of AAX claimed in a tweet that “the brand is no more and the trust is broken.”
Disgruntled Nigerian AAX users were asked to spare local staff
According to a local report, a group of disgruntled Nigerian users of Atom Asset Exchange (AAX) recently stormed the crypto exchange’s offices in Lagos and attacked employees. The angry mob is said to have demanded the lifting of a withdrawal moratorium, which came into force on 12 November.
Although the report from Legit from December 2 does not state when the incident occurred, it nevertheless confirms an earlier claim by the advocacy group Stakeholders in Blockchain Technology Association of Nigeria (SIBAN). In its public announcement on November 28, SIBAN AAX urged users to stop sacrificing the workers of the beleaguered crypto exchange.
We appeal to and discourage any disgruntled or angry user or investor from harassing or victimizing the AAX Country Manager (Nigeria), other local staff and AAX Ambassadors across the country. These people also face the same situation as dissatisfied users and investors.
The legal group also revealed that the executives at the Hong-Kong-headquartered crypto exchange had stopped communicating with their Nigeria-based workers.
AAX users have not been updated
Meanwhile, in a message directed at AAX and its founders, the advocacy group reminded the crypto exchange of its obligations to users. In addition, the notice suggested some steps that AAX and Nigerian workers must take to restore public confidence.
“If protecting users is AAX’s highest priority, as it boasts in its public announcement, AAX should immediately take steps to close the gaps by bridging itself and the local staff in Nigeria on the one hand, and between AAX and its Nigerian users on the one hand.other hand, SIBAN’s public announcement said.
In its latest update (18 November), AAX told users that there had been “many new developments” which meant it required “more time to answer the overwhelming amount of questions in the community”. At the time, AAX said it would issue more updates via its official channel for public announcements and updates. However, the crypto exchange had not provided any new updates at the time of writing (December 3 at 11:00 a.m. EST).
Dear all, It is true that I have resigned from AAX. I fought for the community, but none of the initiatives we came up with were accepted. Any role I had left for communication became hollow.
1/4
— ₿en Caselin HODL (@BenCaselin) 28 November 2022
The sudden resignation of the crypto platform’s vice president Ben Caselin and his claims that “the brand is no more and the trust is broken” has led to speculation that the crypto exchange may not resume operations soon.
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