BTC and OKB plunge after OKEx suspends withdrawals

[newshunter]

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

Would appreciate your opinion about this

[Jamie07]

 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.

[KryptoBull]

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.