OKEx Suspends Withdrawals, Says Key Holder Unavailable Due to Cooperation with Investigation

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OKEx has indefinitely suspended all cryptocurrency withdrawals, claiming that one of the exchange’s key holders had “been disconnected” from the exchange as they “are currently cooperating with a public security bureau on investigations” . OKEx’s CEO later said the investigation was due to the key holder’s “personal issue”.

Update (October 16, 4:50 UTC): This article has been updated with information on coin withdrawals, the price of bitcoin.
Update (October 16, 6:12 UTC): This article has been updated with public statements from CEO Jay Hao.

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