OKX adds $25,000 to bounty as RAVE crash probes continue
OKX said its risk engine was unaffected and offered an extra $25,000 for ZachXBT's investigation into the 95% RAVE collapse, extending pressure on exchanges to identify suspected manipulators.
From the sources (4 posts)
@zachxbt@SalsaTekila Been thinking a lot about how we best apply pressure on CEXs as a community besides simply raiding social media for Asia exchanges and bringing mainstream attention as they seem to care a lot about keeping up the appearance of
@zachxbt@plugging @SalsaTekila I think it ultimately helped reduce how much they would’ve walked away if the behavior continued longer for days/ weeks
@zachxbt@CryptoRawen @plugging @SalsaTekila If the exchanges care at all they would freeze the manipulators accounts and distribute to users impacted + implement new policies
@star_okxOKX’s risk engine performed as designed and was not impacted during the RAVE market move. Happy to contribute an additional $25K bounty to support ZachXBT’s investigation.