Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Dociko on October 22, 2020, 06:26:06 AM

Title: OKEx’s lips remain sealed on its sudden crypto withdrawal freeze
Post by: Dociko on October 22, 2020, 06:26:06 AM

OKEx’s secrecy around locking customer withdrawals has led to misinformation and confusion around what’s happening with the exchange. For nearly a week, uncertainty as to why OKEx suddenly suspended its cryptocurrency withdrawals on Oct. 16 has lingered on. The ongoing suspension has been puzzling to many, but the exchange’s representatives maintain that the move was solely because one of the company’s private key holders has been cooperating with a Chinese public security bureau. With one of OKEx’s three keyholders now in question, the exchange’s multisignature authorization process cannot be fulfilled, thus locking up its withdrawal function.
Details: https://cointelegraph.com/news/okex-s-lips-remain-sealed-on-its-sudden-crypto-withdrawal-freeze

Title: Re: OKEx’s lips remain sealed on its sudden crypto withdrawal freeze
Post by: Legion on October 28, 2020, 03:54:27 AM

I hope this doesn't have a bad influence on the circulation and price of cryptocurrencies on exchanges.