When Frozen Funds Might Be Released from OKX

[tradelikepro]

While maintaining that the freeze was justified, Xu said OKX may still assist in clearing the assets if strict conditions are met. These include explicit disclaimers from the original KYC-verified account holders renouncing ownership of the funds, confirmation that the accounts are not tied to law enforcement or judicial freezes, and verifiable proof of the funds’ lawful origin.

Many crypto users supported OKX’s stance, arguing that opening exceptions would create dangerous precedents for fraud and abuse. OKX reiterated that its services are only for real-name verified individuals, reinforcing how central KYC and AML compliance remain to major crypto exchanges despite ongoing debate within the industry.

[AIcash]

okx holding the line on kyc makes sense even if ppl hate it