A Major Exchange Responds to Claims That Cryptocurrencies Were Secretly Stolen from Users’ Wallets

OKX CEO Star Xu Issues Challenge Amid Allegations of Wallet Theft

Following accusations that OKX’s platform was involved in the theft of 50 ETH, OKX CEO Star Xu has made a significant public statement addressing these concerns.

Xu announced that the OKX Wallet team will offer a reward of 10 BTC to anyone who can provide definitive and verifiable evidence proving the existence of a “backdoor” in the OKX Wallet. This challenge reflects the company’s commitment to security and transparency within the OKX ecosystem.

“The OKX Wallet team will reward anyone who provides definitive evidence proving the existence of a backdoor in OKX Wallet with 10 BTC,” Xu stated. “We expect a joint audit by OKX Wallet users worldwide. Security and transparency are our priority; we welcome community review.”

The issue has gained particular traction in the Chinese-speaking cryptocurrency community, where some users claim that the OKX wallet app contains a backdoor mechanism allegedly exploited by hackers to steal users’ assets.

At the time of writing, the 10 BTC reward is valued at approximately $950,000, highlighting the seriousness with which OKX is addressing these allegations.

*This is not investment advice.*
https://bitcoinethereumnews.com/tech/a-major-exchange-responds-to-claims-that-cryptocurrencies-were-secretly-stolen-from-users-wallets/

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