OKX Founder: Tracking Binance's Stolen Funds and Strengthening Market Risk Controls

on November 2, OKX founder Star announced that following the recent Binance security incident, the OKX team is tracking the related stolen funds, identifying suspicious addresses and transactions, and taking available measures to prevent funds from being laundered through the OKX exchange or Web3 DEX aggregators.

He stated that the team is also assessing the potential market impact of the incident, strengthening risk controls as necessary, and preparing for liquidity shocks or cascading liquidations; simultaneously researching attack vectors, software development supply chain risks, and risks associated with AI programming agents, while reviewing internal controls, access management, wallet infrastructure, and security architecture.

Star emphasized that OKX has not been breached in connection with this incident and cannot guarantee absolute security or immunity from attacks.