The star of the CEO of OKX, XU, responded to the accusations of the founder of Tron, Justin Sun, who said that the exchange had not acted on a request for the application of the law to freeze the stolen funds linked to a hacking of the official tron account.
Sun allegedly allegedly ignored a “referral” of the police after the May 3 violation, during which the Tron X account was compromised.
The striker would have published a malicious intelligent contract address, sent direct and engaged messages with unknown accounts.
Justin Sun says OKX ignored the freeze request
In an article now deleted, Sun said that the exchange had been contacted by official email but had not responded, leaving it “no other means” to reach the OKX compliance team.
“These stolen funds do not belong to me; I act to protect the community, ”said Sun.
Star Xu rejected allegations. “OKX has a consumer protection policy governed by law,” wrote Xu on X.
“We cannot freeze a customer’s funds according to your personal post-post or your oral communication. As CEO of HTX, I think you should understand this. ”
XU added that the OKX police cooperation team (Le) had examined its email accounts, including spam files, and found no official request to the case.
“Our cooperation team has just checked the email, including the spam box; we have not received any requests related to this case,” he said.
XU also published a screenshot of the original deleted message from Sun and challenged it to share evidence of the allegedly gel’s advice, including the time and source of demand.
The incident is added to an increasing list of social media hacks in cryptographic space.
On March 15, Yu Hu, founder of the Crypto Ai Kaito platform, diverted his account to spread false warnings on compromised wallets – horribly after the attackers opened a short position in the Kaito tokens.
Similarly, on February 26, the Pump.fun X account was compromised to promote a false governance token.
In another case, the British deputy’s X account Lucy Powell was hacked on April 15 to promote a scam token.
Crypto Hacks increased in 2025 while losses exceeds $ 1.74 billion in four months
The pirates stole more than $ 92.4 million in crypto projects in April 2025 only, according to the security company Blockchain Immunefi.
The figure represents an increase of 27.3% in annual sliding and more than double the losses reported in March.
The April attacks took place on 15 incidents, two major exploits representing most of the damage.
The UPCX, an open source platform, lost $ 70 million in a single attack, while the decentralized Kiloex scholarship was affected for $ 7.5 million.
The other affected projects included loopscale, Zksync, Term Labs and Bitcoin Mission, each undergoing losses greater than $ 1 million.
Cumulatively, the first four months of 2025 have already experienced $ 1.74 billion in cryptographic losses – more than 2024, which totaled $ 1.49 billion.
Immunefi previously noted that the first quarter of 2025 was the worst quarter for hacks in the history of the crypto, largely driven by massive violations of centralized exchanges Phemex and Bybit.
The CEO of Post OKX defends Exchange in the middle of the Justin Sun gel dispute first appeared on Cryptonews.
