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Crypto Exchange AAX Suspends Withdrawals as FTX Failure Reverberates

The suspension for as long as 10 days was blamed on the failure of an unidentified third party. The Hong Kong-based exchange has said it has no exposure to Sam Bankman-Fried’s company.

AAX is based in Hong Kong (Ratnakorn Piyasirisorost/Getty Images)
AAX is based in Hong Kong (Ratnakorn Piyasirisorost/Getty Images)