PANews reported on December 13th that OKX issued a statement on its X platform stating that it had discovered conclusive evidence that multiple interconnected andPANews reported on December 13th that OKX issued a statement on its X platform stating that it had discovered conclusive evidence that multiple interconnected and

OKX: Evidence of manipulation of OM prices has been found; evidence has been submitted to regulators and legal proceedings have been initiated.

2025/12/13 11:43

PANews reported on December 13th that OKX issued a statement on its X platform stating that it had discovered conclusive evidence that multiple interconnected and colluding accounts used a large amount of OM as collateral to borrow a large amount of USDT, artificially inflating the price of OM. OKX's risk team correctly flagged this abnormal activity, contacted the account holders, and requested them to take corrective action, but they refused to cooperate. To control the risk, OKX took over these linked accounts. Shortly afterward, the price of OM plummeted. OKX only liquidated a small amount of OM, but the sharp price drop still resulted in substantial losses, all of which were borne by the OKX Security Fund.

Furthermore, multiple third-party analyses indicate that the price crash was primarily triggered by perpetual contract trading outside the OKX platform. The OKX Security Fund operates entirely as designed. OKX has submitted all evidence and documents to regulatory and law enforcement agencies. Several lawsuits and legal proceedings are currently underway.

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

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The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

PANews reported on September 18th, according to the Securities Times, that at 2:00 AM Beijing time on September 18th, the Federal Reserve announced a 25 basis point interest rate cut, lowering the federal funds rate from 4.25%-4.50% to 4.00%-4.25%, in line with market expectations. The Fed's interest rate announcement triggered a sharp market reaction, with the three major US stock indices rising briefly before quickly plunging. The US dollar index plummeted, briefly hitting a new low since 2025, before rebounding sharply, turning a decline into an upward trend. The sharp market volatility was closely tied to the subsequent monetary policy press conference held by Federal Reserve Chairman Powell. He stated that the 50 basis point rate cut lacked broad support and that there was no need for a swift adjustment. Today's move could be viewed as a risk-management cut, suggesting the Fed will not enter a sustained cycle of rate cuts. Powell reiterated the Fed's unwavering commitment to maintaining its independence. Market participants are currently unaware of the risks to the Fed's independence. The latest published interest rate dot plot shows that the median expectation of Fed officials is to cut interest rates twice more this year (by 25 basis points each), one more than predicted in June this year. At the same time, Fed officials expect that after three rate cuts this year, there will be another 25 basis point cut in 2026 and 2027.
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PANews2025/09/18 06:54