AEX Founder Huang Tianwei Was Arrested in Thailand. His Old Users Are Still Waiting for Their Money.
Summary
Huang Tianwei, founder of Bit Times and AEX, was once known in Chinese crypto circles as “South Huang” and as a founder who had previously covered user losses after a 2014 XRP incident. In 2022, AEX froze withdrawals and disclosed a roughly $1.28B asset book with limited near-term liquidity, while later offering AUSD and future equity-style repayment plans. In 2025, Thai police arrested Huang at Bangkok’s Don Mueang airport over an alleged BTC investment fraud involving two Chinese victims and 200 million baht.