Popular crypto exchange founder sued after users lose over $200M

The founder of Tokenize Xchange is facing a lawsuit over users losing millions of dollars, The Business Times reported on Nov. 28. A total of 272 former customers of the crypto trading exchange are suing Hong Qi Yu, the founder and CEO of AmazingTech, the parent company of Tokenize. The lawsuit also mentions COO Erin Koo Kee Hoon who is Hong's wife. Related: Largest private gold holder shuts down Bitcoin mining operations As per a report filed by court-appointed interim judicial managers in September, Am ...