OKX responds to CELT price fluctuation with increased brand restrictions and investigation

02/28/2023 04:43 • Daily Digest • 123 views

According to reports, in response to the CELT price fluctuation event, the official of OKX said that it had found the false propaganda of the Celestial project party and was conducting an investigation. If it found a problem, it would immediately notify everyone of the relevant handling results. In the future, the restrictions on the use of OKX brand will be strengthened to resist malicious marketing and fraud. The platform itself has never and will not participate in market transactions. Please pay attention to screening projects on the market and network investment suggestions.

OKX is investigating the false publicity event of Celestial project party, and will strengthen the restrictions on the use of OKX brand in the future

Interpretation of the news:

The message is about the response of OKX to the recent price fluctuation of CELT, a cryptocurrency associated with the Celestial project party. According to reports, OKX has found false propaganda from the project party and is conducting an investigation. The aim of the investigation is to uncover any potential problems with the project and notify everyone of relevant handling results should any issue arise.

OKX has also announced that it will be strengthening restrictions on the use of its brand to prevent any malicious marketing or fraud. It is important to note that the platform itself has never and will not participate in market transactions. The message ends with a reminder to users to be vigilant in screening projects on the market and relying on trusted network investment suggestions.

This message appears to be a warning to OKX users to be careful when investing in cryptocurrencies associated with the Celestial project party. The response by OKX suggests that there is evidence of false propaganda from the project party, and it is clear to OKX that an investigation is necessary. The increased restrictions on the use of the OKX brand appear to be a measure to prevent any further misinformation or fraudulent activity from third parties.

It is interesting to note that OKX stresses that it does not participate in market transactions. This could suggest that they wish to distance themselves from any negative outcomes arising from the fluctuations in price of cryptocurrencies such as CELT. This appears to be a strategy to maintain customer trust and confidence in the platform’s ability to regulate and ensure the safety of users’ investments.

In short, the message highlights how important it is for users to develop a cautious approach when investing in cryptocurrencies. It suggests that users need to conduct their own screening of projects, rather than relying on network investment suggestions. Furthermore, it makes a stance against false propaganda and fraudulent activity, which is essential for the long-term sustainability of the cryptocurrency market.

Overall, the message serves as a reminder to users of the potential hazards of cryptocurrency investment and recommends users exercise caution and conduct their own research to ensure safe and successful investments.

Title: OKX Responds to CELT Price Fluctuation with Increased Brand Restrictions and Investigation

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