Malta-based cryptocurrency change OKEx has reopened withdrawals 5 weeks after an abrupt suspension.
In a brief weblog submit on Thursday, the change introduced that it was lifting the freeze at 08:00 UTC and pointed customers to a compensation and loyalty program in an try to appease disgruntled customers.
As reported by CoinDesk on Wednesday, OKEx had been getting ready its platform performance forward of the reopening by testing its withdrawal system, as 0.02 BTC was moved out from an OKEx pockets.
On Oct. 16, OKEx had been pressured to droop all account withdrawals when an unnamed holder of the keys to the cryptocurrency belongings was detained by police to apparently help an investigation.
A report within the Chinese language newspaper Caixin mentioned the important thing holder was the founding father of OKCoin and CEO of OK Group Mingxing “Star” Xu, primarily based on sources “shut” to the corporate.
Nevertheless, OKEx representatives have denied any connection between the 2 when requested by CoinDesk.
