Latest Update
2026-10-06 09:00 UTC

OKX: Star Xu Rejects Yield on Customer Funds

OKX: Star Xu Rejects Yield on Customer Funds

OKX founder Star Xu details monthly proof of reserves and why rejecting yield kept funds safe post-FTX, with Bitcoin market cycle insights.

Source

Analysis

OKX CEO Star Xu told @CryptoMichNL that turning down every yield offer on customer billions preserved the exchange after FTX collapsed, with the firm publishing proof of reserves each month and Bitcoin market cycles showing why verification beats trust in 2026.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast