OKX CEO: OKX has no debt exposure to FTX, FTT, or Alameda Research, and has always maintained a 1:1 reserve ratio

ChainCatcher news, OKX CEO Jay Hao (@star_okx) tweeted, "I sympathize with everyone affected by FTX, and the recovery of the impacted community is just a matter of time. OKX has no debt exposure to FTX, FTT, or Alameda Research. We have always maintained a 1:1 reserve and never used customer deposits for other businesses. We plan to release our proof of reserves in the coming weeks (less than 30 days)."

Additionally, he added, "The core of OKX is a technology company, not a financial company. We do not use trading as a way to generate profits. For true builders and believers, Crypto has never left." (source link)