Axe Trader, a proprietary trading firm, has announced the immediate suspension of all trading operations after its founder and CEO, Rick Knight—known as "Uncle Rick" in the trading community—suffered a severe cardiac emergency. The CEO's health complications, reportedly including a heart attack, required multiple surgeries and have forced the firm to pause its activities indefinitely. Trading Accounts Frozen Indefinitely In an official statement shared on its Discord channel, the company assured clients: “All accounts will be paused exactly where they are. No progress will be lost, and we will ensure everything resumes seamlessly when we return.” Despite these assurances, no timeline has been provided for the resumption of operations, with the duration depending on Rick Knight’s recovery. Trading activities across all accounts remain halted as of December 17, 2024 . Client Concerns About Business Continuity Axe Trader’s decision to suspend operations has raised concerns...