Recent news reports have alleged that ACE Exchange is involved in a fraudulent trading and money laundering case. On July 4th, the exchange clarified the following on its official website in response to the reports:
To clarify the content reported by some media on July 3rd, 113th year of the Republic (hereinafter the same), we hereby state:
1. Regarding the reports on July 3rd, 113th year, with headlines such as “ACE Exchange case takes a twist! MP Bai: National News Agency falls prey to fraud” and “Linked to Sanli Group, ACE fraud group’s money laundering case involves Yilan retreat mother and daughter with wide reach,” which insinuate that Ace Digital Innovation Co., Ltd. (hereafter referred to as ACE Exchange) is involved in the investment case of Sanli Group’s subsidiary “Create Intelligence” in “Yizhuan Company,” we, on behalf of ACE Exchange, declare clarification and state the following.
2. The investment case of “Create Intelligence,” a subsidiary of Sanli Group, in “Yizhuan Company,” as pointed out by the media, has no connection with ACE Exchange, and ACE Exchange is unaware of the investment case mentioned in the media reports.
3. ACE Exchange has not participated in any external investment projects conducted by former directors or others; furthermore, the criminal cases arising from the personal actions of former directors and others do not involve any current directors, shareholders, or organizational staff of ACE Exchange.
4. “ACE Exchange” is a legally compliant virtual asset trading platform brand. However, due to the personal actions of former directors and others, some media have equated ACE Exchange with a “fraudulent group,” which is a misunderstanding. To clarify the misunderstanding and the case as soon as possible, and to protect the reputation and legal rights of ACE Exchange, we will continue to actively cooperate with the investigation and prosecution.
5. For this reason, ACE Exchange expresses gratitude to the news media and the public for their concern. We deeply regret the social unrest and anxiety caused by the personal actions of former directors and others and hope that the judiciary will clarify the case soon. Additionally, ACE Exchange will continue to provide stable and secure virtual asset trading services to the public. However, based on the principle of confidentiality in criminal investigations, we hope that the public and the media will respect the investigative space of the judicial and police authorities.
Official Statement
This article is officially published content and does not represent the position or investment advice of this site. Readers are advised to make their own careful evaluations.
