OKEx Suspends Withdrawals; CEO Says Key Holder Cooperating With Law Enforcement on ‘Personal Issue’

OKEx has suspended all cryptocurrency withdrawals indefinitely, saying one of the exchange’s key holders is “currently cooperating with a public security bureau in investigations” and has “been out of touch” with the exchange. OKEx’ CEO subsequently said the investigation is the key holder’s personal issue.

Update (Oct. 16, 4:57 UTC): This article has been updated with information about coin withdrawals, price of bitcoin.

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Source: Coindesk