Australian Crypto Exchange DAEX Suspends Trading, Enters Voluntary Liquidation
Australian crypto exchange group DAEX has suspended trading and entered voluntary liquidation, the company announced on January 9, 2026. The appointed liquidator is now urging creditors and affected customers to formally lodge claims so they can be considered in the insolvency process. Trading and customer withdrawals remain paused while the liquidation is underway.
The move leaves users uncertain about if and how they will recover assets; liquidation timelines and recoveries can be lengthy and are often partial. Affected parties should follow official communications from DAEX and the liquidator, submit claims promptly, and consider seeking independent legal or financial advice. The development also adds to broader regulatory and market scrutiny of local exchanges as authorities and customers weigh implications for oversight and consumer protections.