{"id":32029,"date":"2020-11-19T14:14:21","date_gmt":"2020-11-19T12:14:21","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=32029"},"modified":"2025-08-28T06:41:16","modified_gmt":"2025-08-28T03:41:16","slug":"okex-announces-date-for-resumption-of-withdrawals","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/okex-announces-date-for-resumption-of-withdrawals\/","title":{"rendered":"OKEx Announces Date for Resumption of Withdrawals"},"content":{"rendered":"<p>The Bitcoin exchange OKEx will resume unlimited withdrawals by November 27, 2020, according to the company&#8217;s <a href=\\\"https:\/\/www.okex.com\/support\/hc\/en-us\/articles\/360052758931-OKEx-Official-Announcement-Reopen-of-withdrawals-and-other-related-updates\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">statement<\/a>.<\/p>\n<p>Asset withdrawals <a href=\"https:\/\/u1f987.com\/en\/news\/okex-suspends-withdrawals-media-report-founder-detained\">have become unavailable<\/a> to users of the platform on October 16. OKEx attributed this to loss of contact with one of the private key holders who cooperates with law enforcement authorities.<\/p>\n<p>Media reports surfaced that the matter concerned the founder of the exchange, Star Xu, but representatives denied this information.<\/p>\n<p>The day before, Chinese journalist Colin Wu <a href=\"https:\/\/u1f987.com\/en\/news\/okb-jumps-about-15-after-reports-okex-founder-star-xu-released-from-custody\">reported<\/a> that Star Xu had been released from custody, but it was not known under what conditions. He noted that OKEx had already established contact with him.<\/p>\n<p>Later Wu wrote, citing a post from OKEx CEO Jay Hao on Weibo, that the exchange&#8217;s team is preparing a statement on the resumption of withdrawals.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">On the 19th, Wu learned that OKEx CEO JAY said on Weibo that the progress will be announced soon and there will be absolutely 100% reserves to withdraw. This statement by JAY implies that the withdrawal will be opened soon. <a href=\\\"https:\/\/t.co\/sP2rdsUMtK\\\">pic.twitter.com\/sP2rdsUMtK<\/a><\/p>\n<p>\u2014 Wu Blockchain\uff08Chinese Crypto Reporter\uff09 (@WuBlockchain) <a href=\\\"https:\/\/twitter.com\/WuBlockchain\/status\/1329339937997475841?ref_src=twsrc%5Etfw\\\">November 19, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>In the statement, OKEx noted that the key holder \u201chas finished helping the authorities in the aforementioned investigation\u201d and has returned to duties.<\/p>\n<blockquote>\n<p>\u201cDuring this investigation it was confirmed that OKEx was not involved in any wrongdoing or illegal activity,\u201d the exchange team said.<\/p>\n<\/blockquote>\n<p>Earlier, OKG, whose main shareholder is Star Xu, <a href=\"https:\/\/u1f987.com\/en\/news\/media-okg-linked-to-okex-founder-to-hold-board-meeting\">announced<\/a> a board meeting for November 27.<\/p>\n<p>Subscribe to Forklog&#8217;s channel on <a href=\\\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bitcoin exchange OKEx will resume unlimited withdrawals by November 27, 2020, according to the company&#8217;s statement.<\/p>\n","protected":false},"author":1,"featured_media":32030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,1291],"class_list":["post-32029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-okx"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=32029"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32029\/revisions"}],"predecessor-version":[{"id":32031,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32029\/revisions\/32031"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/32030"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=32029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=32029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=32029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}