According to local media sources, two AAX executives were detained by the Hong Kong authorities on digital asset fraud allegations and misrepresenting the police. Two AAX Executives Detained For Digital Asset Fraud On December 23, police detained former AAX CEO Thor Chan and Weigao Capital CEO Liang Haoming. They were accused by local authorities of using maintenance procedures as a pretext to prevent consumers from withdrawing assets when there were liquidity problems. Additionally, one of the executives is accused of intentionally deceiving law authorities by lying to them about the timing of his digital asset fraud activities while working for The post Hong Kong Detains Two AAX Executives For Digital Asset Fraud appeared first on Cryptoknowmics-Crypto News and Media Platform .