When was OK Exchange established? (When will OK Exchange resume trading?)
When was OK Exchange established? According to media reports, OK Exchange was of
When was OK Exchange established? According to media reports, OK Exchange was officially established on September 18th. According to insiders, the institution is a compliant project initiated by “Coin World”, a well-known digital asset trading platform in the blockchain industry, and is jointly chaired by its co-founders Xu Mingxing and Li Lin. It is registered in Seoul, South Korea, as a cryptocurrency exchange and operates a fund focused on virtual asset investment. It is understood that the exploration and experimentation of virtual asset business began at the end of 2017, and in early May 2018, OKEx Exchange, a subsidiary of the OK Group, was established in Singapore.
When will OK Exchange resume trading?
Recently, OK Exchange’s system has encountered problems, and users’ funds have been affected, making normal trading impossible. We provide the following explanations:
1. Due to abnormal account conditions discovered by some users during platform withdrawals, the platform’s currency price rapidly declined.
2. Currently, the platform’s assets are severely insufficient, and there are cases of theft by other users (such as USDT), requiring freezing measures for platform users.
3. In order to provide better services to users, we will take necessary measures to resolve this issue.
4. Regarding the potential impact and problems caused, we will release an announcement: When will trading resume?
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