Over the weekend beleaguered cryptocurrency exchange OKEx struggled to regain its footing. The exchange, headquartered in Malta but most active in China, suspended withdrawals late last week after Chinese authorities called for an investigation. In the immediate aftermath, the exchange suspended all withdrawals leading to a 2.5% drop in the price of Bitcoin. Since then, things have got worse. The founder of OKEx, Xu Mingxing was taken away by police on Friday for questioning. Subsequently, the exchange’s token, OKB collapsed 25% over the weekend, recovering 5% in the past 24 hours. With no date set for withdrawals to ... (full story)