OKX founder: It is working hard to reduce the interference of risk control false alarms on users

PANews reported on July 7 that OKX founder Star Xu said on the X platform that the OKX team is working hard to reduce the interference of risk control false alarms on users. The general situation is: only about 1% of users will receive inquiries about the source of funds or past work and residence information, and 99% of users will not be affected. The reasons for false positives are usually: using a browser or VPN that accesses the dark web, logging in to multiple accounts abnormally with a single device, user names and sanctions or political figure databases, and on-chain recharges and coin laundering addresses or protocols. These inquiries do not collect privacy information, nor do they cooperate with judicial investigations, but only to clarify the facts and prevent the platform from being abused. Users can complete inquiries by providing information truthfully. The security of assets and accounts will not be affected, and there will be no situation where the withdrawal of coins will not be allowed. The few platforms freeze the withdrawal of coins due to judicial freezes or are related to terrorist finance, drug transactions, sanctions, etc. OKX will improve the system accuracy and inquiry experience as soon as possible, and users are welcome to feedback questions.

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