OKEx says it has hired 'external legal counsel' to help resolve withdrawal issues

Crypto exchange OKEx has hired "external legal counsel" to help resume withdrawals it halted on October 16.

Announcing the update on Friday, OKEx said it has also contacted some private key holders. OKEx halted withdrawals three weeks ago as one of its private key holders has been "out of touch" and is undergoing police investigation. OKEx today said it cannot reveal details of the investigation as the matter is confidential.

"The personnel that is assisting investigation is in good condition and is cooperating with the police department," said the exchange.

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