Cryptocurrency exchange OKEx plans to reopen withdrawals from this date
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Answer Cryptocurrency exchange OKEx plans to reopen withdrawals from this date
The OKEx cryptocurrency trading platform, and after more than a month of suspending deposits and withdrawals, the platform has finally announced plans to return its services to normal starting from the date of November 27.
We mentioned earlier on Bitcoin Arab exactly in mid-October about the suspension of withdrawals from the OKEx platform due to the arrest of Mr. Xu Mingxing, the co-founder of OKEx, who was arrested by police officers for investigation.
Subsequently, cryptocurrency exchange OKEx suspended withdrawals and deposits, claiming that a key person was assisting the authorities in the investigation.
OKEx CEO Jay Howe did not name the person being investigated, but he assured that all funds are safe.
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published Malta-based platform OKEx issued a statement earlier yesterday, informing that the investigation had been completed.
OKEx also clarified that the result of the investigation confirms that the company has not been involved in any wrongdoing or illegal activities.
The person who was being interrogated, who held a signature key and whose name was not mentioned, returned to work as usual.
The decision to reopen unconditional withdrawals on the OKEx platform by November 27 came after strict security measures were taken to resume normal operations of the hot wallet system and ensure the safety of all user funds.
As a quote from the statement published by OKEx:
Due to OKEx’s insistence on maintaining 100% reserves since its inception, 100% of users’ funds can be withdrawn without any restrictions after withdrawals are reopened.
Additionally, OKEx will launch campaigns to reward user loyalty, with the statement telling:
User loyalty will be rewarded to express our deepest apology and sincere gratitude to our community.
It is worth noting that the OKEx cryptocurrency OKB reacted positively to the news of the return of withdrawals, as prices rose by 16%.
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The price of the digital currency OKB at the time of writing this article is estimated at $5.92.
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