Just saw that DAEX, the Australian crypto exchange, officially went into liquidation back in January. They shut down all trading across their platforms - AUDX Australia, AUDX Global, the whole operation. Pretty wild timing for the industry. Apparently DAEX had been claiming they held some license from the Mwali International Services Authority, but both the Central Bank of Comoros and New Zealand's financial regulators called it fake. That's a major red flag. Daniel O'Brien from DV Recovery Management is handling the liquidation now, asking creditors to step forward. The parent company Digital Capital Group based in North Sydney is still around though, so not a total wipeout. Still, the whole DAEX situation is a reminder of how messy things can get when exchanges don't have their regulatory house in order. Makes you wonder what was really going on behind the scenes.

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