Star Xu or Mingxing Xu, founded OKCoin back in 2013 in China. The business then, at that point, formed into the OKCoin trade, which in this manner turned into a different lawful element, and the OK Group, which centers around the blockchain foundation. Once more in 2017, a different trade situated in Malta was established by Xu called OKEx, which was a different legitimate substance. Xu is presently CEO of OK Group, even though he established it, he is supposedly not partnered with OKEx.
Crypto financial backers and news sources went crazy when reports originally surfaced that the organizer behind one of the greatest crypto trades might have disappeared because of a Chinese police examination.
Things settled the score more regrettable when it worked out that for different reasons, which were now and again hard to make sense of, in any event, for OKEx, withdrawals must be frozen. That didn't go down well with the business and every one of the subsidiaries' brokers on the stage. The enormous withdrawals from the trade that occurred at around the hour of the main releases just befuddled everybody further, and those reports in all likelihood moved the market. Eventually, notwithstanding, a portion of the tales were affirmed when Xu reappeared and allegedly expressed that there was without a doubt a request however that no bad behavior for his benefit was found.