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Hassan Shittu

OKX freezes $40,000 in stablecoins over KYC account purchases; Star Xu explains

On January 11, 2026, user Captain Bunny said his OKX accounts holding about $40,000 in stablecoins were frozen after he bought four KYC-verified accounts in 2023. On January 12, 2026, CEO Star Xu replied that access depends on the registered identity, citing terms barring acting on behalf of others. The user shared on-chain records and emails to support his claim.