OKEx, one of the leading crypto exchanges, experienced a massive outflow of funds, with withdrawals reaching $204 million in the last 24 hours and $630 million in the past week, more than any other crypto exchange. 😱

This incident was caused by some security controversies that may have damaged user trust. On June 9, two OKEx users lost large amounts of funds due to a SIM-swapping attack caused by a security flaw in OKEx's two-factor authentication (2FA) system.

OKEx has initiated an investigation and is contacting affected users. However, repeated security issues have resulted in a wave of withdrawals, with users looking for safer alternatives.

What do you think about this? Do you still believe in OKEx? Come on, let's discuss it in the comments column!#OKX#Blockchain #Crypto