OKX Disputes Justin Sun’s Accusation Over Frozen Funds

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Following a recent hack of Tron’s official X (formerly Twitter) account, a public spat has erupted between Tron founder Justin Sun and OKX CEO Star Xu. The disagreement centers around a claim made by Sun, who accused the exchange of ignoring a law enforcement request to freeze stolen crypto assets.

Xu swiftly responded, stating that OKX had received no such request through its official channels. He emphasized that OKX adheres to strict consumer protection laws and cannot act on informal messages.

“We can’t freeze a customer’s funds based on your personal X post or a verbal comment,” Xu posted. “As the CEO of HTX, you should understand this.”

OKX Says No Request Reached Them—Not Even in Spam

OKX’s compliance team thoroughly checked all official inboxes, including spam folders, and confirmed no request had arrived.

Xu also referenced a now-deleted post by Sun, in which Sun claimed that a “freeze notice” had been sent to OKX by a relevant law enforcement agency. Sun stated he had no other means of reaching OKX’s compliance department. He defended his actions by saying the stolen funds didn’t belong to him and that he was protecting the crypto community.

In response, Xu challenged Sun to provide proof—specifically, a screenshot showing when and where the request was made.

Tron Hack Part of a Larger Trend in Crypto Security BreachesThe Tron DAO’s X account was compromised on May 3. During the attack, malicious links to crypto contracts were posted, spam messages were sent, and the account followed unfamiliar users. Tron promptly warned its 1.7 million followers to delete any direct messages received on May 2, calling them part of the hack.

This incident adds to a growing list of high-profile crypto-related breaches on the platform:

  • On March 15, hackers targeted Kaito AI and founder Yu Hu, using the breach to manipulate KAITO tokens.
  • Just weeks earlier, on February 26, the Pump.fun account was hijacked to promote fake tokens like “PUMP.”
  • Even political figures were not spared—UK MP Lucy Powell’s account was taken over on April 15 to push a scam token.
Adam L
Adam L
In the world of blockchain and cryptocurrencies, I have a great deal of passion and interest. My interest in blockchain and cryptocurrencies has led me to explore these technologies in greater depth, as I am interested in the potential implications they could have on the global economy.

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