Original story of AAX halting withdrawals: https://finance.yahoo.com/news/aax-crypto-exchange-suspends-withdrawals-015041886.html
Facebook (deleted): https://www.facebook.com/AAXExchange
Youtube (deleted): https://www.youtube.com/c/AAXExchange
CEO Linkedin (company page deleted): https://www.linkedin.com/in/wenn-sheng-chioh-5a76b67
Twitter (silence): https://twitter.com/AAXExchange
CTO resigned: https://twitter.com/BenCaselin/status/1597117107560656897
Because there's no bankruptcy filing, no address of their offices, no known whereabouts of its founders and executives, no way of knowing if they stole customer funds or simply gambled them away, and no one knows who has the legal jurisdiction to investigate them.
They're simply trying to disappear slowly.