Mickael Mosse
Image default
Non classé

OKEx Resumes Withdrawals 5 Weeks After Freeze


Malta-based cryptocurrency exchange OKEx has reopened withdrawals five weeks after an abrupt suspension.

In a short blog post on Thursday, the exchange announced that it was lifting the freeze at 08:00 UTC and pointed users to a compensation and loyalty program in an attempt to appease disgruntled users.

As reported by CoinDesk on Wednesday, OKEx had been preparing its platform functionality ahead of the reopening by testing its withdrawal system, as 0.02 BTC was moved out from an OKEx wallet.

On Oct. 16, OKEx had been forced to suspend all account withdrawals when an unnamed holder of the keys to the cryptocurrency assets was detained by police to apparently assist an investigation.

A report in the Chinese newspaper Caixin said the key holder was the founder of OKCoin and CEO of OK Group Mingxing “Star” Xu, based on sources “close” to the company.

However, OKEx representatives have denied any connection between the two when asked by CoinDesk.



Source link of the information used for this article by Mickael Mosse Cryptocurrency and Blockchain Advisor.

Related posts

SEC Commissioner concerned about the US lagging behind global Bitcoin ETFs

Mickael Mosse

Stacks (STX) price rallies 195% after revealing plans to bring DeFi to Bitcoin – Mickael Mosse – Mickael Mosse

Mickael Mosse

Stacks (STX) price rallies 195% after revealing plans to bring DeFi to Bitcoin

Mickael Mosse

Bank of Russia asks stock exchanges to not list crypto-related firms – Mickael Mosse – Mickael Mosse

Mickael Mosse

Bank of Russia asks stock exchanges to not list crypto-related firms

Mickael Mosse

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More