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[SCAMEXPOSER]

The police has recently arrested the founder of okex Exchange platform, a leading Crypto currencies Exchange platform globally, Xu Mingzing for an undisclosed reasons yet according to Nairametrics.

There is currently an investigation on going by law enforcement agency into Okex Exchange and this has made withdrawal suspended but other acitivites are up and running. This has made $2.3 billion worth in limbo and the Investors in a State of topsy-turvy.

The Okex Exchange has assured it members that everything will be fine.

 

[Josemendez]

The police has recently arrested the founder of okex Exchange platform, a leading Crypto currencies Exchange platform globally, Xu Mingzing for an undisclosed reasons yet according to Nairametrics.

There is currently an investigation on going by law enforcement agency into Okex Exchange and this has made withdrawal suspended but other acitivites are up and running. This has made $2.3 billion worth in limbo and the Investors in a State of topsy-turvy.

The Okex Exchange has assured it members that everything will be fine.

Well , I believe that there is a strict reason behind the arrest and as far as the case is not settled , users if the exchange site may not be able to withdraw their coins .

 

[SCAMEXPOSER]

I also believe they have strong allegations against him which prompted them to arrest him and I hope they speed up the investigation to enable the members access their funds .

 

[gammarays]

I don't think the arrest will affect people's deposit in any way. Investigating will definitely continue. This issue of money laundering using cryptos is on a high recently.

 

[Josemendez]

I don't think the arrest will affect people's deposit in any way. Investigating will definitely continue. This issue of money laundering using cryptos is on a high recently.

I don't see a y wise investor investing in the platform after considering what is ongoing . Funds of earlier investors are still unhold pending end of the case

 

[SCAMEXPOSER]

It is stated that withdrawal activities are pending till investigation is over but other acitivites like deposit trading are on going so technically the platform coin is freeze in a way.

 

[Josemendez]

It is stated that withdrawal activities are pending till investigation is over but other acitivites like deposit trading are on going so technically the platform coin is freeze in a way.

Yeah this is why no investor will want to deposit because he is not certain how long it will take for the issue to be resolved for withdrawal to be open

 

[Niftyicon]

I just hope the investors whose funds are held up are able to have access to it soon enough. Issues like this always put customers under a lot of stress.

 

[Josemendez]

Unfortunately these incidents happen relatively often in the industry - the owner of an exchange running a scam or a money laundering scheme. It happened in the US too, the owner of Helix and CoinNinja got fined with an eye-watering 60 million USD for laundering cryptos. I really wish people wouldn't do that, they give a bad name to the whole industry.

Yeah. The problem here is that his actions is not only affecting the site but also affects the site users who can't withdraw their investment profits.

 

[Brain]

Everything better be fine as he has stated. I don't understand again all these issues with crypto investors and holders. No more integrity and honesty in business

 

[sagefave]

To withhold from daring investors their high valued investments and profits should be listed as a sin that no one should commit. If the exchange is caught up in questionable practices, traders should be returned their crypto currencies then the exchange should face suspension.

 

[Brain]

To withhold from daring investors their high valued investments and profits should be listed as a sin that no one should commit. If the exchange is caught up in questionable practices, traders should be returned their crypto currencies then the exchange should face suspension.

Definitely, investor and users of these dubious exchanges shouldn't be made to go through stress when it comes to retrieving their money. It can be very annoying though