The founder of major global cryptocurrency exchange OKEx has been reportedly questioned by authorities previous to OKEx suspending cryptocurrency withdrawals.
OKEx founder Mingxing Xu, also known as Star Xu, has reportedly been questioned by the police, Chinese news agency Caixin reported today. According to the report, the executive was investigated “at least a week ago” and has also been absent from work for some time.
When approached for comment on Xu’s participation in a police inquiry, OKEx told Cointelegraph that the exchange is no longer affiliated with OK Group, where Xu is a senior executive, and therefore was not in a position to comment on his activities.
The news comes shortly after OKEx suspended withdrawals of crypto assets on its platform today. According to the exchange, OKEx’s private key holders are cooperating with a public security bureau in an ongoing investigation. The exchange told Cointelegraph:
“We are unable to disclose the nature of an ongoing investigation but would like to assure all OKEx users that their funds are safe and that all other functions on OKEx are unaffected.”
OKEx CEO Jay Hao said that the decision to temporarily suspend withdrawals was taken “with user security in mind,” stating:
“As a world-leading exchange, user security is not something that OKEx can or will ever compromise on. We will do everything in our power to reinstate this service promptly and will provide updates on the matter as soon as possible.”
News source CoinTelegraph.com
Collision 201905/20/2019 VIEW DETAILS
Consensus 201905/13/2019 VIEW DETAILS
Mallorca Blockchain Days03/22/2019 VIEW DETAILS
Finance World Expo03/06/2019 VIEW DETAILS
Crypto Investor Show03/01/2019 VIEW DETAILS
The North American Bitcoin Conference01/16/2019 VIEW DETAILS
Blockchain Connect Conference 201901/11/2019 VIEW DETAILS
Cryptolina 201820180615 VIEW DETAILS
Cryptolina 201806/15/2018 VIEW DETAILS
Tulip Conf06/08/2018 VIEW DETAILS
Collision Conference 201805/03/2018 VIEW DETAILS
Bitcoin Superconference02/16/2018 VIEW DETAILS
Blockchain Summit 202010/20/2020 VIEW DETAILS
Blockchain Life 202010/21/2020 VIEW DETAILS
Future Blockchain Summit 202010/27/2020 VIEW DETAILS
Blockchain Expo Tokyo [Autumn]10/28/2020 VIEW DETAILS
The Financial Summit 202011/01/2020 VIEW DETAILS
European Blockchain Conference Barcelona 202101/25/2021 VIEW DETAILS
To get ready for block 4,010,000 and the official release of EggSwap Staking, all the contracts on the Chicken UI have been updated. If you have any of your LP currently staked, there will be a backup UI with the old contracts.
Mining Guide: https://medium.com/@herominers/how-to-mine-expanse-exp-complete-beginners-guide-7d96704e9599
We have added Expanse (EXP) on HeroMiners.
For inquiring minds.
The #Defi team just finished the staking test. You'll be able to earn EGGs for staking LP tokens then can stake EGGs to earn a portion of the Exchange swap fees!2
The latest Mist Wallet compile broke the md5 checksums but they are fixed now. Never fear. :D
- US financial watchdog fines early Bitcoin mixer $60M for money laundering
- Exploring the landscape of crypto regulations in sub-Saharan Africa
- Better to get it right than to be first with CBDC, says US Fed chair
- Vinnik trial for extortion and Bitcoin money laundering begins in Paris
- Japanese payments firm JCB and Mizuho Bank test blockchain-based ID