BITWU.ETH 🔆|Jan 12, 2026 04:24
This is a very unfortunate incident, but it also serves as a wake-up call for all of us:
First of all, I sympathize with this brother's experience, but at the same time, OKX didn’t do anything wrong. Every platform has its own rules and standards, and as far as I understand, security and KYC-related matters should be the baseline and principle.
If someone uses a purchased KYC and it ends up being revoked, then illegal activities like money laundering and transfers using fake KYC could become rampant, posing a threat to everyone’s safety.
Secondly, if the funds are tied to the applicant and the account’s KYC owner, they might be able to claim these funds in the future, which would put the platform in a very awkward position.
Lastly, I remember some users mentioning that after OK upgraded its facial recognition for KYC verification, there were several email and SMS reminders. I’m not sure why the funds weren’t transferred out during that stage.
This incident is very representative:
The warning for us: In the future, CEX’s review systems will only move toward being more standardized and stricter. We must keep up with the pace in managing our accounts. Don’t take risks for small oversights or minor gains—it could lead to even greater losses.
In short: Don’t use purchased KYC, and don’t use other people’s accounts!
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