AEX aeternity exchange founder Huang Tianwei was released on bail by his family after being arrested in Thailand, and the three successfully recovered assets.
On June 12, 2025, the Thai Immigration Bureau arrested Huang Tianwei, the founder of AEX aeternity exchange (formerly known as BitEra), at Suvarnabhumi International Airport. The man, whose passport name is HUANG TIANWEI, 39 years old, of Chinese nationality, was previously issued an arrest warrant by the Chiang Rai Provincial Court in Thailand for suspected involvement in a major fraud case.
The case began on April 23, 2025, when two Chinese investors met with Huang Tianwei in Mae Sai, Chiang Rai, Thailand, to discuss cryptocurrency investment cooperation. After the meeting, the victims transferred approximately 200 million Thai Baht (about 44 million RMB) in digital assets to a wallet address controlled by Huang through two transactions, but Huang did not return the funds as promised and went missing. On April 30, the two victims formally reported the case to the local police.
On the morning of June 12, Huang Tianwei was arrested while preparing to leave the country and was subsequently transferred to Chiang Rai for investigation. Sources revealed that Huang Tianwei has now been released on bail by his family.
[延伸] The AEX exit scam has intensified, with only three people recovering their funds.
• Ronghua: Raised 30,000 yuan from victims to go to Lianjiang, the ancestral home of Huang Tianwei, to "seek ancestors," recovering 80% of the funds from his exchange account, signing a confidentiality agreement, and promising to repay the remaining amount within two years;
• Shi Dewei: forcibly took Huang Tianwei into a car to demand funds from others, and was later administratively detained for 15 days;
• Wu Jun: After Huang Tianwei was arrested, all the funds stored were successfully recovered in Thailand.
On July 3rd at 19:00, Huang Tianwei, the founder of AEX exchange ( and former Bit Era ), has been bailed out by his family in Thailand, while AEX major holder Wu Jun has also retrieved the funds stored in the exchange.
The AEX platform has been operating since 2013, accumulating a large number of veteran cryptocurrency users and deposited funds. This incident has caused a stir in the industry, with some investors accusing the platform of "mouse warehouse-style exit," calling for regulatory intervention.