Well-known cryptocurrency exchange OKEx, which has recently hit all the headlines after freezing withdrawals, has just reported its users will soon be able to withdraw their cryptos.
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The platform has just announced it plans to resume withdrawals on November 27.
It should be noted the news comes around a month after the exchange froze the withdrawals of funds after the founder of the platform, Star Mingxing Xu, was arrested by the Chinese police in order to "collaborate in an investigation."
Rumors that Xu could be released from prison started circulating on Thursday morning, China time, through the social networks WeChat and Twitter. This boosted the price of OKB, the platform's native token, by around 20%. The price of the crypto fell significantly when it was known Xu had been arrested, and news of his release has had the opposite effect on its price.