OKX CEO Defends Account Freeze After User Complaint

[tradelikepro]

Star Xu publicly defended OKX’s asset-freezing policies after a user accused the exchange of locking roughly $40,000 in stablecoins. The user, known online as Captain Bunny, claimed the funds—held in Global Dollar (USDG)—were frozen after triggering OKX’s internal risk controls and were urgently needed for medical expenses.

The case centered on four OKX accounts that were not registered under the user’s real identity. The user admitted the accounts were purchased in 2023 and originally verified under other individuals’ names, a workaround sometimes used to bypass restrictions affecting users in mainland China.

[johnblockbuster]

i feel bad for the guy but also idk what he expected okx to do here