As the title says, another exchange has been closed and this time its Beaxy. I can't say I heard about them before but allegedly they have been around since 2017 and are (were) based in the Unites States.
The name rings a bell. I think I have seen their name pop up in the scam accusations before
They have an ANN which is from Feb 2018 -
[ANN] Beaxy - The All-in-One Cryptocurrency Exchange and the domain was registered around 2017-08-24, so it's likely they started operating around that time
Quite an amateur move to operate a crypto exchange in the US without getting it registered with SEC. It's like he wasn't seeing how the likes of Kucoin, Binance were playing hide and seek with the regulators.