Star Xu: The Investigation Around Me Has Been Suspended for A While
[ChainDD report] November 20 (ChainDD) On November 20, Star Xu, the founder of OKEx, responded to the "arrest incident" in Wechat Moments.
He mentioned that the OKEx Group had completed one equity M&A (merger and acquisition) transaction a few years ago, but it involved complicated judicial cases. Therefore, he was required to cooperate in the investigation involving judicial cases due to this previous equity M&A transaction.
Currently, the judicial organs have ascertained the facts and the investigation around him has been suspended for a while. The "35-day investigation incident" finally has a result.