AurumXchange is blocking funds allegedly belonging to Zhou Tong without any disclosed (until now) reason. Legal advice on AurumXchange's side was to issue a statement as soon as possible to clarify the situation as it was being made public on this very forum.
Releasing a statement to ZT about his money being frozen : sounds ok to me.
Publishing a statement to an angry mob looking for a scapegoat : probably not the smartest thing.
I highly doubt that AE's legal counsel advised them to publish anything on a public internet forum.
In absence of any legal action from the victims of this hack,
This is an assumption, not a fact.
we have no course of action to contact the police, but will be held responsible if funds are released then legal processing is started at a later point.
A financial institution has to freeze funds if they suspect illegal activity/ML and report it to the authorities.
I'm not saying it would have been smart to release the funds, but maybe it isn't very smart either to release this kind of information on a public forum and not report anything to the police (AFAIK you haven't done that, have you?).
What I find amusing is that everyone wanted to get to the bottom of all of this and now that more evidence is being presented a certain number of users want to throw rocks at those releasing the information to the public.
The only rocks being thrown are being targeted at ZT. Look at it this way : what has been achieved by posting this info here ? Nothing. Will it help an actual police investigation? Probably the opposite.