Ben Kaselin from AAX leaves the company because of disagreement with the position of founders and reign – Bits Media

Vice President for global marketing and communications stated, that has exhausted his role, and trust in the brand and rule - irrevocably undermined. Two weeks ago, the AAX exchange announced the suspension of withdrawal.

Ben Casselin (Ben Caselin) Two weeks ago suggested invited customers to perceive the delay as “additional precautions” after planned maintenance. However, over the past time, the situation has not changed radically, which expressed the top manager to announce his departure from his position.

On Twitter Ben Kaselin confirmed, that leaves the company because of disagreement with the position of founders and reign AAH. He described the actions of the leadership of the exchange as "insensitive and too opaque". According to the vice president, Despite his efforts in the struggle to restore the company, None of the initiatives was accepted, and his role in communications has exhausted itself

Dear all, it’s true I have resigned from AAX. I did fight 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) November 28, 2022

Recall, that after the announcement of the termination of operations, the AAX team reported, that she needs additional capital, Since investors decided to withdraw their funds from AAX due to FTX collapse. The exchange explained, that it is at risk of capital deficiency, which depositors must make up for, Before normal work is renewed.

Former top manager AAX hopes, that over time the exchange will be able to restore operating activities, But claims, that the damage has already been done.

"There is no more brand and trust in it is blown up", Ben Casselin wrote.

Earlier, the director of Ripple for Policy in the Asia-Pacific region Rahul Advani (Rahul Advani) stated, that FTX collapse damaged the cryptocurrency industry due to the large number of high-handed and low-use projects, as well as speculation.