Digital Assets: Crypto exchange OKEx Halts Withdrawals Following Investigation By Chinese Police


Source: dailyalts.com dailyalts.com

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October 16, 2020 | Digital Assets , News The news triggered a nearly 2.9% fall in bitcoin. OKEx, one of the world’s largest cryptocurrency trading platforms, suspended withdrawals after the Chinese police launched an investigation that linked to the exchange. ( Bloomberg ) OKEx issued a statement briefly describing the reasons for the action: “One of our private key holders is currently cooperating with a public security bureau in investigations where required. We have been out of touch with the concerned private key holder. As such, the associated authorization could not be completed… In order to act in the best...