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


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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