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Learning & News => News related to Crypto => Topic started by: newshunter on October 18, 2020, 07:02:10 AM

Title: BTC and OKB plunge after OKEx suspends withdrawals
Post by: newshunter on October 18, 2020, 07:02:10 AM
BTC and OKB plunge after OKEx suspends withdrawals

Major exchange OKEx suddenly suspended crypto withdrawals while one its key custodians cooperates with an investigation, shaking the crypto markets


Source: BTC and OKB plunge after OKEx suspends withdrawals (https://cointelegraph.com/news/btc-and-okb-plunge-after-okex-suspends-withdrawals)

Would appreciate your opinion about this
Title: Re: BTC and OKB plunge after OKEx suspends withdrawals
Post by: Jamie07 on October 18, 2020, 12:18:56 PM
 A problem that crypto is facing is that wether we like it or not money Laundering will be present and they will always think of ways to avoid authorities hands on their illegal activities. We simply cannot avoid this kind of incidents, as the authorities should inact law and order. The bad news is it always affects the price of Bitcoin and other coins in general.
Title: Re: BTC and OKB plunge after OKEx suspends withdrawals
Post by: KryptoBull on October 19, 2020, 06:26:02 PM
The impact of this incident is bigger than we think. OKEx is not the largest exchange but one of the leading reputable exchanges in the crypto sector. This incident caused the million-dollar asset to freeze, greatly affecting the general market sentiment and trend and the decline in the price of many tokens, especially OKB & BTC.
The OKEx team should have a clearer and more transparent statement to the entire community on this issue.