CEO of Cryptocurrency Exchange OKEx Offers New Message to Platform Users
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Answer CEO of Cryptocurrency Exchange OKEx Offers New Message to Platform Users
Cryptocurrency exchange OKEx shocked its users last week (October 16) by halting withdrawals due to an investigation of an executive holding the keys to OKEx.
Jay Howe, CEO of OKEx, previously reassured users of the platform to reappear yesterday on Twitter and present a new message, but it contains content he previously provided, which came as follows:
After reporting that funds withdrawals from the platform have been temporarily suspended (October 16), other transactions continue smoothly and operate normally.
All your money is kept safely.
We will try to return withdrawals as soon as possible.
There is no outflow on the chain from Tweet embed Withdrawals have been suspended since 10/16. Instead, there has been a steady stream of on-chain to OKEx. (Source: glassnode)
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Your assets are safe. We will do our best to resume withdrawals as quickly as possible. pic.twitter.com/TKjRnimxQG
– Jay_OKEX_CEO (@JayHao8) October 20, 2020
The OKEx platform is one of the largest cryptocurrency trading platforms, and the arrest of the founder of the platform led to the suspension of withdrawals that are currently continuing for the sixth consecutive day, which angered some users of the platform, and made them remember the famous saying in the crypto market:
Not your keys, not your coins.
The CEO of OKEx denied the rumors of money out of the OKEx platform and continued to assure users that it is only a matter of time until things get back to normal.
However, given what happened with the bitmex platform, one of its managers was arrested and accused by the CFTC and its subsequent impact on the exit of huge amounts of Bitcoin towards other central and decentralized trading platforms, and therefore the same may happen to the OKEx platform as soon as withdrawals return.
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