OKX user issues desperate plea after funds frozen. Hong Kong hasn’t ruled out gold-backed stablecoins, but says it’s too early. Asia Express.
An OKX user trying to get around restrictions on Chinese users has become desperate after the crypto exchange froze funds saying the money was needed to cover urgent family medical expenses.
The user, who shared a lengthy personal appeal on X, said about $40,000 in crypto became inaccessible after OKXs risk controls locked multiple accounts linked to identity violations. The user admitted the accounts were acquired from third parties to access promotions that were unavailable to mainland China users.
In the post, the user said all funds transferred into them originated from their verified personal account. They described the funds as life-saving money needed for a family members surgery.
