Can we trust the new crypto exchange 'Assetylene', by founder of Cryptopia?

Adam Clark, the founder of the recently hacked and now-defuncted cryptocurrency exchange Cryptopia, has plans to launch a brand new cryptocurrency exchange, called 'Assetylene'. Question is, will people give their trust and funds to this new exchange?

According to Decrypt, Clark said that the new exchange 'Assetylene' was a passion project after he departed Cryptopia in early 2018, due to the new management wanting to take the company in a direction Clark disagreed with.

'I left Cryptopia in late 2017 early 2018 due to new management wanting to take the company in a different path I fundamentally disagreed with, so we parted ways and I started working on the core products I wanted in the Crypto space', Clark said.

Apparently, the Cryptopia founder started building a trading processor for a crypto marketplace called Chainstack, but ended up creating a full trading engine, which became Assetylene.

According to Clark, his new project, on which he has been working for at least 9 months, fixes various scaling problems which were faced by Cryptopia.

Although, the new exchange Assetylene, which Clark promises to become New Zealand’s most advanced crypto trading platform, is still in beta, it already allows customers to use the platform with test coins and ask for additions/improvements.

It has no planned launch date as of yet. 

Understandably, there are a lot of people who aren't excited about yet another crypto platform by Clark and many show a lack of trust in this new exchange by Adam Clark.

Don't let Adam Clark rip you off again https://t.co/J6f10xeMlQ

— Bill Kraft (aka Hodlonaut) (@BillKraft) May 23, 2019

Question for you - how many devs/solution architects were looking after cryptopia while you were creating this new exchange? Why you would create a duplicate instead of further developing cryptopia is beyond me.

— Andy Ramsden (@Andyram2k) May 23, 2019

Well perhaps they can send our frozen crypto to the new exchange then.

Otherwise they are as bad as the hackers stealing people's coins.

We know they have it because they've allowed us to log in and see it. pic.twitter.com/KxJVpTkAd3

— Crypto Utility Guy (@UtilityGuy7) May 24, 2019

how about use some of the funds he hacked from his old company the dodgy bastard :)

— michael cavanagh (@macavanagh) May 22, 2019

What sorcery is this? The founder (Adam Clark) of the failed New Zealand exchange Cryptopia wants customers to pump their money into his new cryptocurrency exchange. Don't do it peeps! #CryptopiaHack

— Ming The Merciless (@MingTheMercil14) May 22, 2019

Others came forward to Clark's defence.

Adam Clark was not working @Cryptopia_NZ at the time of hack. He have nothing to do with Cryptopia for a long time.
I confirm that i branded and designed a logo for Assetylene exchange almost a year ago. So that idea is not new as people are thinking ... pic.twitter.com/v7XlNkinUv

— 𝙲𝚛𝚢𝚙𝚝𝚘𝙳𝚎𝚜𝚒𝚐𝚗 | ₿ | (@chaindesign) May 22, 2019

Will you trust this new exchange by Adam Clark? Let us know in the poll below.