Tron opens ‘manual’ withdrawal option for TRX holders on OKEx
The Tron Foundation has taken the decision to provide an “internal transfer” option for TRX holders affected by the OKEx withdrawal freeze. The Tron Foundation has published an update on a decision it took yesterday to enable Tron (TRX) holders to withdraw their tokens from the OKEx cryptocurrency exchange. According to the foundation:“At present, TRON has helped 16 OKEx users withdraw their TRX, and the TRON Foundation has transferred a total of 9419739.963519 TRX, worth 247268.174 USD according to the CMC price of TRX at the time of press, to the wallet addresses offered by these users....
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Asian cryptocurrency exchange Okex says peer to peer trading is now open but the freeze on withdrawals remains in effect. In an update, Okex CEO Jay Hao reveals that buying cryptocurrency via the fiat gateway is now active as well but he fails to give a timeframe for the resumption of withdrawals. In an earlier tweet, the CEO reassures customers that their funds are safe and that withdrawals will commence as soon as possible. On Oct. 15, Okex announced the suspension of withdrawals of cryptocurrency after an unnamed private key holder was taken into custody by law enforcement. However,....
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....
The leading crypto spot and derivatives exchange OKEx recently announced that crypto withdrawal service will be restored on the platform by November 27, after more than a month of suspension. The news has come as a relief to its users. We reached out to the CEO of OKEx, Jay Hao, and asked a few questions […]
OKEx will compensate those users who have been frustrated by its suspension on withdrawal service.
The way OKEx has handled its nearly month-long withdrawal ban has left many of the company’s loyal customers confused and angry. As the crypto market continues to soar to new heights on a nearly daily basis — with Bitcoin (BTC) currently resting around the $16,100 threshold — the murkiness surrounding cryptocurrency exchange OKEx has continued to linger.OKEx initiated a crypto withdrawal suspension on Oct. 16, citing the unusual reason that one of the company’s private-key holders had been cooperating with local security agencies, and thus, it was in the best interest of its customers that....