OKEx founder Mingxing 'Star' Xu has been released from police custody after being a participant in an ongoing police investigation.
OkEx has announced that it will be resuming unrestricted withdrawals on November 27th–Withdrawals from the OKEx exchange were halted for 42 days.
OKEx has released an update regarding its October 16th decision to suspend withdrawals; the exchange has hired external counsel.
The Department of Justice has seized over $1 billion in BTC, BSV, BCH, and BTG in relation to a silk road hack that took place in 2013.
OKEx has resumed P2P trading for three currencies–CNY, INR–VND–however, the selling and withdrawing digital asset features from OKEx are still suspended.
OKEx founder and private key holder Xu Mingxing, aka, 'Star' Xu, has been taken into custody by police, hours earlier OKEx suspended withdrawals.
The digital currency exchange said one of its private key holders was cooperating with authorities on an investigation and had been out of touch.