“All of our customers' money is safe”: Chocolate Finance CEO

Chocolate Finance CEO Walter de Oude assured its customers in an interview on Monday (Mar 10) that their monies are safe and that it can be withdrawn or redeemed. He was responding to concerns over customer funds after a suspension of its AXS payment service led to an increase in withdrawals. Mr Oude explained that in the event of a mass withdrawal, the fund cannot support the volume and investors cannot get their money back instantly. They will instead have to wait for holdings to be sold before they receive their cash. Read more: https://cna.asia/4ictvKS Subscribe to our channel here: https://cna.asia/youtubesub Visit our website: https://cna.asia Download our app: https://cna.asia/app Get our editors' picks of stories via chat apps: Telegram: https://cna.asia/telegram WhatsApp: https://cna.asia/whatsapp Follow us on these platforms: https://www.facebook.com/channelnewsasia https://www.instagram.com/channelnewsasia https://www.tiktok.com/@channelnewsasia