Ox.fun, a hybrid paper Crypto Exchange, which is supported by co-founders of the unsuccessful three arrow capital hedge funds, is subject to the investigation because data shows that it mostly keeps its ox tokens.
Gamified Crypto derivatives Exchange Ox.fun, who lishes Su Zhu, the co-founder of the three arrows capital as his advisor, firing back against allegations of his bankruptcy, saying in an X post saying that NFT artist Jeffidao is trying to trigger a “coordinated FUD” Languages.
In One x post On 24 February, Ox.fun denied the insolvency claims, stating that “all withdrawals are normally processing.” The exchange also accused Zeffeo of attempting to exploit the stage, saying that his funds were frozen due to violation of their terms of service.
The controversy began when Jeffidao claimed that one of its members had deposited $ 1 million in the USD coin (USDC) in Ox. Fun, but was later unable to withdraw money. The founder of Ox.fun, Nicholas Belle, immediately after, took to X to say that Zafedao is engaged in a “Oracle Herfer Attack”, which orders a large limit below the proper market prices and at the lower level Close small positions.
However, Zafedao Denied Blame. The artist also claimed that Belle offered to return the money in exchange for the stage’s daily social media promotion.
“I really know that it is 100% fraud, based on the fact that it is highly unusual and suspect to an exchange, which promote your social media accounts as a condition to return someone’s money Requested. “
Zeffedao
Constable product of coinbase Suggested in an X thread That Ox.fun wallets mostly hold their own bull tokens. He said that if the platform pending the pending $ 1 million USDC process the return, its USDC will fall to about $ 1,000.
