Star Xu: The Investigation Around Me Has Been Suspended for A While

Abstract : He was required to cooperate in the investigation involving judicial cases due to this previous equity M&A transaction.

ChainDD
ChainDD

Nov 20

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.

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