OKX will compensate traders for their losses from the manipulated $CELT price drop on Feb. 27. WuBlockchain
According to the statement, large fluctuations in the CELT price occurred on Feb. 27, therefore, the OKX exchange team received numerous questions from traders. The team conducted an investigation and shared the results in a press release.are not linked by any strategic partnership; however, in September 2021, OKX Ventures did invest $100,000 in this Gamefi project.
Further, the press release stated that on Feb. 26, the Celestial project announced the rollout of a new DLT-based game, which was promoted by several KOLs on several major social networks. The OKX team highlighted that they do not allow this sort of promotion, except for OKB and OKT tokens related to the OKX exchange.This promotion apparently caused a great fluctuation of the CELT price.
Base on my understanding,OKX doesn’t know anything about Celt’s marketing plan. If there is evidence of any OKX employee got involved in Celt’s fraudulent promotion,please let us know.
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