An memoir that claims to be one among the victims of “Huang Tianwei’s fracture out” shared an substitute about Huang Tianwei, the founder of the defunct AEX crypto alternate (formerly acknowledged as Bitera).
The put up claims that the controversial alternate founder has been granted bail and released to his family. Tianwei had been in custody after he turn into arrested at Don Mueang World Airport in Thailand in connection with a fraud case spirited 200 million Thai Baht (approximately $5.7 million).
6月12日，AEX安银交易所创始人黄天威在泰国廊曼国际机场被抓。
泰国移民局在廊曼国际机场逮捕一名护照名为HUANG TIANWEI的39岁中国男子。
其因涉嫌重大其诈骗案件，之前被清莱地方法院发出逮捕令。
案件起源于2025年4月23日，两名中国籍受害人与黄某在泰国清莱府湄赛区会面，洽谈加密货币投资合作。… pic.twitter.com/zFZ2qB140t
— 超哥BTC (@chaoge_btc) June 12, 2025
Huang Tianwei is out on bail
In step with the put up that went out on July 3, Huang Tianwei, the founder of AEX (formerly Bit Period), turn into released on bail to his family in Thailand.
AEX, which has been operational since 2013, equipped companies to lengthy-timeframe cryptocurrency users, which allowed it to secure predominant user funds.
Unfortunately, Tianwei reportedly refused to let users of the alternate withdraw their funds after the alternate’s collapse.
So some distance, most productive three folks fetch reportedly been ready to enhance the funds they had deposited in his alternate. However, even those recoveries were most productive attainable for the reason that creditors went to low lengths to force Tianwei’s hands.
For example, the put up claims that Rong Hua raised 30,000 (currency unspecified) from a sufferer community and mature Huang’s family genealogy to to find and disturb his ancestral grave in Lianjiang. That purported act of vandalism helped the community improve about 80% of their funds within the process, with the ideal 20% scheduled to be paid over two years below a confidentiality settlement.
One other notable case noticed victims resort to kidnapping Huang Tianwei and riding him onto a dual carriageway, before recuperating the funds deposited within the alternate.
Reportedly, one other main AEX investor, Wu Jun, furthermore efficiently recovered their funds.
To this level, it appears Tianwei has performed every little thing to frustrate customers’ recovery efforts. Fully those who fetch straight confronted and compelled Tianwei were ready to procure their funds motivate.
Huang Tianwei’s arrest drew comparisons to FTX’s SBF
Huang Tianwei turn into arrested at Don Mueang World Airport in Thailand on June 12. The 39-year-frail Chinese language nationwide turn into arrested by the Thai Immigration Police.
Earlier than Tianwei’s arrest, the Chiang Rai District Court docket had issued an arrest warrant for his suspected involvement in a predominant fraud case.
AEX is China’s FTX
Huangtianwei turn into arrested in Thailand for fraud. He could presumably fetch mature the 44 million investment to restart the alternate, however chose to commit fraud over again pic.twitter.com/eZTVNMkYgZ— Z宝宝 (@Z74144199) June 13, 2025
The case interested two Chinese language victims who met with Huang in Mae Sai District, Chiang Rai Province, Thailand to whine about cryptocurrency investment cooperation. After the assembly, the victims transferred cryptocurrencies worth approximately 200 million baht (approximately $6 million) into a digital currency wallet controlled by Huang by two transactions.
Unfortunately, the different occasion didn’t honor the settlement and severed contact. When the 2 victims chanced on out they had been cheated, they straight had a legal professional anecdote the case to the Mae Sai District Police Field in Chiang Rai Province on April 30, accusing Huang of suspected fraud.
After receiving the anecdote, the Immigration Bureau efficiently nabbed Huang, who turn into making ready to lag the nation, at 6 a.m. on June 12 on the global departure corridor of Bangkok’s Don Mueang Airport.
