OKEx founder reportedly under investigation as exchange suspends withdrawals

Cointelegraph

Published Oct 16, 2020 06:07AM ET

Updated Oct 17, 2020 08:00AM ET

The founder of major global cryptocurrency exchange OKEx has been reportedly questioned by authorities previous to OKEx suspending cryptocurrency withdrawals.

OKEx founder Mingxing Xu, also known as Star Xu, has reportedly been questioned by the police, Chinese news agency Caixin reported today. According to the report, the executive was investigated “at least a week ago” and has also been absent from work for some time.

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