Drama over freeze request heats up

By: bitcoin ethereum news|2025/05/04 20:15:01
0
Share
copy
A public debate between cryptocurrency exchange OKX and TRON founder Justin Sun has surfaced over alleged communication issues regarding a freeze notice for stolen funds. OKX CEO Star Xu has challenged Sun’s claims that the exchange failed to respond to law enforcement requests. The controversy began after Sun publicly stated that a “relevant law enforcement agency” had sent a freeze notice regarding stolen funds to OKX’s official email address. However, the police had received no response. Sun claimed he had “no other means of contacting OKX’s compliance team.” OKX CEO claps back at Justin Sun According to Star, the exchange’s LE cooperation team checked the email, including the spam box, and mentioned that they hadn’t received any requests related to this case. He explained via X: “Dear Mr H.E. Justin Sun, our LE cooperation team just checked the email including spam box, we haven’t received any request related with this case. Can you give us the screenshot to show when the enforcement agency send the request to us?” Star further clarified OKX’s procedures for law enforcement cooperation and directed Sun to the exchange’s public policy. “OKX has public LE cooperation policy. You can offer some preliminary evidence of the incident through the public reporting channels...we will do a temporary urgent freeze according to the evidence. Then you should work with LE agents to offer us legal documents to continue the freeze,” he added. The OKX CEO also resisted Sun’s public demands. He mentioned that OKX has a consumer protection policy according to law. He insists that they can’t freeze a customer’s funds according to Sun’s personal X post or oral communication. Sun deleted his original tweet, though other users had captured it in screenshots. The deleted post claimed that OKX was not responding to official freeze notices from law enforcement regarding stolen funds. Source: https://crypto.news/star-xu-justin-suns-drama-freeze-request-heats-up-okx/

You may also like

Stop Talking About Gold, Bitcoin Is Not a Safe Haven Asset

One cannot rely on macro narratives like "Gold Rotation" to determine whether Bitcoin has bottomed. True bottom signals will only appear during position unwinding and extreme pessimistic sentiment.

Aave Founder: What Is the Secret of the DeFi Lending Market?

When on-chain lending becomes significantly cheaper to operate end-to-end compared to traditional lending, mass adoption becomes not a question of if, but of when.

The Trader's Playbook: 7 Market Cycle Lessons From LALIGA’s 90 Minutes

What do LALIGA matches teach about crypto markets? Learn how consolidation, breakouts, and late-cycle volatility shape disciplined trading decisions.

How Smart Money Tracker Survived Live AI Trading at WEEX AI Hackathon

Discover how WEEX AI Trading Hackathon tested strategies with real capital—no simulations. See how Smart Money Tracker survived flash crashes and leveraged 18x in live markets.

80% Win Rate to 40% Drawdown: An AI Trader's Brutal Recalibration at WEEX AI Wars

Dive into the technical blueprint of an AI trading system built on LLaMA reasoning and multi-agent execution. See how Quantum Quaser uses confidence thresholds & volatility filters at WEEX AI Wars, and learn the key to unlocking 95% win rate trades.

AI Trading Strategy Explained: How a Beginner Tiana Reached the WEEX AI Trading Hackathon Finals

Can AI trading really outperform human emotion? In this exclusive WEEX Hackathon finalist interview, discover how behavioral signal strategies, SOL trend setups, and disciplined AI execution secured a spot in the finals.

Popular coins

Latest Crypto News

Read more