ACE Exchange Issues Statement to Clarify Media Reports

Recently, the news media reported that the ACE exchange was suspected of fraud and money laundering. On July 4th, the exchange made the following clarification on its official website regarding the reported content:
Regarding the news reported by some media on July 3, 113 (Republic of China calendar), the following clarifications are made:
1. Regarding the articles with titles such as “ACE Exchange Case Explodes! NCC: National Communications Society Becomes Part of the Fraud” and “ACE Fraud Money Laundering Case Involving Yilan Retreat Mother and Daughter with a Relationship with Sanlih Group,” which imply that Wangpai Digital Innovation Co., Ltd. (referred to as Wangpai Exchange) is involved in the investment case of Sanlih Group’s subsidiary “Create Intelligence” in the “Yi Zhuan Company”, the Exchange hereby clarifies on behalf of Wangpai Exchange.
2. The media’s mentioning of Sanlih Group’s subsidiary “Create Intelligence” and its investment case in “Yi Zhuan Company” has no connection with the Wangpai Exchange, and the Wangpai Exchange has no knowledge of the investment case mentioned in the media reports.
3. The Wangpai Exchange did not participate in any investment projects undertaken by former directors and others personally, and the criminal cases arising from the personal actions of former directors and others are unrelated to the directors, shareholders, or organizational members of the Wangpai Exchange.
4. “ACE Wangpai Exchange” is a legitimate and compliant virtual asset trading platform brand. However, due to the personal actions of former directors and others, some media outlets have wrongly equated the Wangpai Exchange with a “fraudulent group.” In order to clarify misunderstandings, clarify the situation, and protect the reputation and legal rights of the ACE Wangpai Exchange, the Exchange will continue to actively cooperate with the authorities in their investigation.
5. Therefore, the Wangpai Exchange thanks the news media and the public for their concern. The Exchange deeply regrets the social disturbance and anxiety caused by the personal actions of former directors and others, and hopes that the judiciary will clarify the situation as soon as possible. The Wangpai Exchange will continue to provide stable and secure virtual asset trading services to the public. However, in accordance with the principle of non-disclosure of criminal investigations, the public and the media are requested to respect the investigative space of the judicial and law enforcement agencies.


Official Statement
This article is an official publication and does not represent the position of this website or investment advice. Readers must conduct their own careful evaluation.