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Freeze After User Admits Buying KYC’d Accounts

Star Xu took to X to defend the crypto exchange’s account freezing practices, after a user admitted to purchasing third-party accounts with KYC to circumvent Chinese limitations.

OKX founder and CEO Star Xu defended the exchange’s asset-freezing policies after a user accused the platform of locking up $40,000 in stablecoins held in accounts that were purchased rather than registered under the user’s own identity.
The user, wh… [3069 chars]

Source: Cointelegraph | Published: 2026-01-12T10:37:42Z

Credit: Cointelegraph

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