[CoinEx Founder: Increasingly Uncontrollable Security and Compliance Risks in Operating a CEX, CET Tokens to Be Repurchased at Initial Listing Price] BlockBeats News, September 15 — CoinEx founder Yang Haipo posted on X regarding the platform's closure, stating that the decision was 'well thought out, but ultimately an acceptance of a harsh reality.' CoinEx has not succeeded in becoming one of the leading CEXs in the industry, and the security and compliance risks of operating a cryptocurrency CEX have become increasingly difficult to manage. Revenue may decrease, but responsibility does not. Taking on unlimited risks for limited income is no longer a rational choice. Regarding CET tokens, Yang Haipo promised that CoinEx would repurchase CET at the initial listing price of 0.005 USDT per token, with no cap on the quantity. Yang Haipo revealed that he had seriously considered selling CoinEx but ultimately decided to abandon the idea. 'Users entrust their assets to CoinEx because they trust the platform, and in many cases, they also trust me personally. I feel that handing over the platform and this trust to a new owner is not the right way to end this journey. A clean conclusion is the right conclusion.' [Original Link]