🚨 AEX EXCHANGE HAS BEEN SHUT DOWN — July 2022. AEX Global suspended all services on July 17, 2022 following a request by police in Guangxi, China to cooperate with a criminal investigation. Withdrawals had already been paused since June 16, 2022. The platform has not resumed operations. Do not deposit funds. Do not trust any site claiming to be AEX. If you have remaining funds, consult local legal authorities or a financial solicitor.
AEX — Shutdown Timeline
| Date | Event |
|---|---|
| June 16, 2022 | AEX paused all BTC, ETH, USDT and major altcoin withdrawals, citing “unnecessary panic” |
| June–July 2022 | Only minor altcoin withdrawals re-enabled; major asset withdrawals remained blocked |
| July 17, 2022 | AEX suspended all services — police in Guangxi, China requested cooperation with criminal investigation |
| Post July 2022 | Platform has not resumed operations. No official restart announced. |
AEX Global was a Seychelles-registered crypto exchange operating since 2013. At the time of suspension it had under $2.85 billion in market cap. The exchange’s final announcement included the unusual phrase “The closer you look, the further you see” — which was widely interpreted as a warning sign by the crypto community. No refunds, asset recovery process, or resumption of operations has been announced.
Active Alternatives
| Exchange | Status |
|---|---|
| Gate.io | ✅ Active — 1,700+ assets |
| MEXC | ✅ Active — 3,000+ assets, 0% maker fee |
| KuCoin | ✅ Active — 800+ assets |
| AEX | 🚫 SHUT DOWN — July 2022 |
⚡ Bottom Line: AEX Global permanently shut down in July 2022 following a police investigation in China. User funds were frozen with no clear recovery path. Do not deposit, and treat any websites claiming to be AEX as potential scams.
