Did OK, a competitor, severely reduce its workforce? 🩸 OKX? OKY?

📌Lately, there have been more reports about a certain exchange freezing a user's funds, and incidents of fund theft from exchange users are rarely heard of, yet this remains a significant issue for a leading exchange. These high-frequency events make it crucial for us to closely monitor our own account security.

Here's a summary of the theft incidents:

1. Recently, OK experienced a high-frequency collection for unknown reasons, resulting in over 200 $BTC in gas fees being burned, followed by multiple large-scale fund thefts. This sequence of events raises suspicions of a possible connection.

2. According to actual data, the stolen users are all Chinese users, with no reports of overseas users being affected. The thefts are concentrated among large accounts ranging from V3 to V5 on the exchange, leading to total asset losses.

3. The thefts typically occur in the early morning hours, with reports indicating incidents between 1 AM to 7 AM. The thieves are adept at targeting users with substantial funds, often converting USDT to ETH and withdrawing.

4. Rumors suggest the largest single theft amounted to $35 million.

🔸This issue has been unfolding for several days without a clear response or resolution from OK.

📌Many might attribute the problem to issues with victims' mobile devices. While this could be plausible for individual cases, the frequency and accuracy of these large-scale thefts targeting specific accounts raise doubts about device-related issues.

🎈Given the security measures typically required for fund withdrawals (facial recognition, Google Authenticator, email or mobile verification codes), silent theft seems implausible. Unless🤔? This question remains open for discussion.

If OK wishes to maintain its position as the second largest Chinese-language platform, affected users who have lost all their assets must receive proper compensation and a transparent response from the market.

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