Today I Logged into my OKX account after few years, tried verification and out of nowhere, the support prompted me to give up my funds voluntarily. Is this a joke?
Ignore the amount for now, as it is not important here. But wouldn’t this just be the loss of trust in these exchanges?
I tried posting on their sub and they denied it.
According to their policies: OKX is one of the larger centralized crypto exchanges globally. While exchanges can:
Freeze accounts Restrict withdrawals Request KYC (identity verification) Lock funds due to compliance or sanctions reviewsThey do not have a standard policy where users are asked to “voluntarily surrender” funds.
submitted by /u/YouZealousideal7906 [link] [comments]
r/CryptoCurrencyRead More
You might also be interested in reading Beyond BitMEX: CFTC sets a new record for lawsuits in crypto this year.