[Taklimakan Blog] OKEx Customers Will Soon Be Able to Withdraw Their Money from the Exchange

Cryptocurrency exchange OKEx, which stopped the withdrawal of cryptocurrency assets in mid-October, may resume withdrawals soon.

Cryptocurrency exchange OKEx may soon resume withdrawing cryptocurrencies for its users. It was reported by blockchain correspondent Colin Wu about a statement by OKEx CEO Jay Hao. According to the head of OKEx on his Weibo page, the progress in the freezing of the exchange’s assets will soon be felt, and the exchange itself has “100% reserves for withdrawing funds.”

At the same time, Wu said that OKEx founder Star Xu “partially freed himself” from the investigation of the Chinese law enforcement agencies, but no evidence was provided for this.

this statement was enough for the native token of the OKB exchange to grow more than 20% to $5.76, and the asset’s market capitalization jumped to $344.8 million.