🧵1/Ω.
🚨 #OKEX exchange seems to be in trouble. Given the massive outflow of crypto from all exchanges I suspect they are running low on customer reserves.
First I saw this tweet by @hellspawncrypto.
🚨 #OKEX exchange seems to be in trouble. Given the massive outflow of crypto from all exchanges I suspect they are running low on customer reserves.
First I saw this tweet by @hellspawncrypto.
🧵2/Ω.
@hellspawncrypto is an extremely active and experienced trader. assuming he is not a criminal ("¯\_(ツ)_/¯") he would be aware of what kinds of activity trigger alerts / holds and avoid those kinds of activity. #OKEX
@hellspawncrypto is an extremely active and experienced trader. assuming he is not a criminal ("¯\_(ツ)_/¯") he would be aware of what kinds of activity trigger alerts / holds and avoid those kinds of activity. #OKEX
🧵3/Ω.
So then I checked the #OKEX tag. What I found was a fast moving stream of X-rated content and sketchy links.
So then I checked the #OKEX tag. What I found was a fast moving stream of X-rated content and sketchy links.
🧵5/Ω.
But you know what was like this? A LOT like this? Actually EXACTLY THE SAME AS this?
theguardian.com/world/2022/dec…
But you know what was like this? A LOT like this? Actually EXACTLY THE SAME AS this?
theguardian.com/world/2022/dec…
🧵6/Ω.
It's not only the same kind of tactic but also the same kind of content (Fox is overstating the case here - it's more "adult themed" than "porn")
Maybe #OKEx and CCP just have the same PR firm...
It's not only the same kind of tactic but also the same kind of content (Fox is overstating the case here - it's more "adult themed" than "porn")
Maybe #OKEx and CCP just have the same PR firm...
🧵7/Ω.
squashing protests over covid restrictions seems like unrest worthy of the CCP's bigger information warfare guns... but this is just #OKEx, a middle tier exchange.
unless, of course, the failure of #CEX with a lot of chinese citizens is causing unrest WITHIN China.
squashing protests over covid restrictions seems like unrest worthy of the CCP's bigger information warfare guns... but this is just #OKEx, a middle tier exchange.
unless, of course, the failure of #CEX with a lot of chinese citizens is causing unrest WITHIN China.
🧵8/Ω.
Or at least someone thinks it might cause unrest.
and why is the content the same ("adult themed")?
this might just be a standard tactic used often in china to suppress dissent on wechat etc pointed outwards.
Or at least someone thinks it might cause unrest.
and why is the content the same ("adult themed")?
this might just be a standard tactic used often in china to suppress dissent on wechat etc pointed outwards.
🧵9/Ω.
But it also might be because it's coming from the same source for the same purpose:
To interfere with the ability of citizens in China to communicate with each other safe from the government's prying eyes.
Twitter is banned in China but the elite ~all~ use VPNs.
But it also might be because it's coming from the same source for the same purpose:
To interfere with the ability of citizens in China to communicate with each other safe from the government's prying eyes.
Twitter is banned in China but the elite ~all~ use VPNs.
🧵10/Ω.
In the past Chinese language exchange issues have generated almost no noise here on Twitter but if any intrepid souls out there can read Chinese and have Telegram I'd be curious what's going on in the #OKX support channels / are there signs of issues.
In the past Chinese language exchange issues have generated almost no noise here on Twitter but if any intrepid souls out there can read Chinese and have Telegram I'd be curious what's going on in the #OKX support channels / are there signs of issues.
🧵12/Ω.
All that said the Ethereum chain data (assuming this person's queries are correct) doesn't immediately reveal anything alarming for #OKX / #OKex.
dune.com/jimtoshi/okx
All that said the Ethereum chain data (assuming this person's queries are correct) doesn't immediately reveal anything alarming for #OKX / #OKex.
dune.com/jimtoshi/okx
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