CoinScoopCoinEx Founder: Operating a CEX Involves Increasingly Uncontrollable Security and Compliance Risks
CoinEx founder Yang Haipo announced the platform's closure, citing the difficulty of managing security and compliance risks. He stated that assuming unlimited risk for limited revenue is no longer rational. While he considered selling the exchange, he decided against it, believing it would violate the trust users placed in him. Withdrawals will remain open until December 22, 2026.
Summaries are written by AI from the original article. Not investment advice.