Pionex exchange is famous for its automated trading functions and is a favorite exchange among many Taiwanese people. However, recently, someone who claimed to be a veteran employee of the exchange broke the news on social media that the company was unable to issue the company, paid severance compensation in installments, and the options given to employees turned out to be bad checks. Paiwang is facing a financial crisis. The rumors spread.

In this regard, Paiwang officially issued a post on the social platform to clarify that the false news was spread due to the cancellation of the mainland business and the retaliation of the resigned employees:

"The laid-off employees were dissatisfied and felt dissatisfied with the money given by the company. During the optimization conversation, they threatened to retaliate, so the company gave a term of compensation in batches. I hope it will be restrained and no retaliation will occur. The compensation amount will be one cent. Not less, but unfortunately, it still appeared. People are very concerned about Paiwang, so I have to post this in advance to tell everyone that Paiwang is ready to clarify. Laughed out loud.

In subsequent tweets, Paiwang also further reiterated that its financial situation is healthy and stable, its operations are normal, and there is no problem of bankruptcy or shortage of funds.

This Article Is Paiwang Exchange Facing Financial Crisis? Official clarification: Old employees are grudges and revenge, but the company is operating normally. The post appeared first on Zombit.