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OKEx Suspends Withdrawals, Says Key Holder Not Available Due to Cooperation With Investigation

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

Update (Oct. 16, 4:50 UTC): This article has been updated with information about coin withdrawals, price of bitcoin.
Update (Oct. 16, 6:04 UTC): This article has been updated with public statements from CEO Jay Hao.

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