Türkiye cryptocurrency On the agenda today, allegations were discussed that OKX crypto money exchange did not give the campaign rewards promised to Turkish crypto users.
The cryptocurrency phenomenon, nicknamed DD, begins by saying that OKX crypto money exchange promised 1,000 SUIs to users who brought members with reference and made a volume of 500 thousand dollars, and this promise was given before the SUI was released.
Continuing his explanation, DD said that the SUI promised within the scope of the campaign altcoins claimed that it was distributed by OKX management to only 50% of users for various reasons. He said that this distribution was made not when the SUI price was high in the first place, but when it fell a lot after the initial stage.
Phenomenon said the existence of cheating and multi-account phenomena was cited as the justification for non-distributed SUI rewards. However, according to DD’s claim, most of the users who did not receive the award did not cheat.
Phenomenon also said that after the start of the campaign, OKX changed the campaign rules and limited the maximum prize that can be won to a total of 1 million SUI.
Many users, on the other hand, claimed that they spent different amounts of commission fees to take advantage of the campaign, but that their promised rewards were not given afterwards and therefore they lost money.
Greetings dear Turkish cryptocurrency community,
If you are following me for the last 2 months $SUI And @okx I think you’ve witnessed the tweets I’ve posted about it, after my unfortunate meeting with the CEO of the “world’s 2nd largest crypto exchange” yesterday, such a flood…
— DD (@dd_finance) June 17, 2023
OKX CEO Responds to Allegations
Star Xu, CEO of OKX Global, responded to these claims. In his response, Xu argued that the phenomenon in question was discussed and the necessary details were given:
“Our team investigated your case, our feedback is as follows: you have 120 references, 45 references do not meet our bounty requirements, 40 references successfully received rewards, 35 references were blocked by our anti-fraud engine.
We also looked at 35 blocked accounts, which are clearly fraudulent, such as logging in on the same device or trading flushes to increase volume. Thanks for your complaint.”
Team has dived your case, the feedback is: you have 120 referrals, 45 referrals don’t meet our reward requirements,40 referrals successfully get the rewards, 35 referrals is blocked by our anti scammer engine. We also dived into the 35 blocked accounts, they have clearly scammer… https://t.co/IlEj3Wn3T2
— Star (@star_okx) June 17, 2023
OKX CEO also He also argued that they never made a promise that all accounts would receive the promised rewards. In particular, this defense has caused criticism by the cryptocurrency community.
On the other hand, DD argued that double-user violation at the event is impossible because KYC verification is required to participate in the event.
In addition, a statement was published on OKX Türkiye’s official Twitter account. OKX Turkey said that it is sorry for the rule change that took place after the start of the campaign and has taken the necessary steps to prevent it from happening again.
In the continuation of OKX Turkey’s statement, he argued that some of the reference holders who did not win awards were due to those who tried to abuse the system. Company officials said that they are examining the accounts of all Turkish users participating in the event so that no one is victimized.
Dear OKX Türkiye Community,
We’re sorry for the confusion caused by the rule changes in the SUI campaign, which ran from April 23 to May 4, and we understand your concerns. In this regard, necessary actions are taken to prevent such confusions from happening again.
— OKX Türkiye (@OkxTurkiye) June 17, 2023
However, many cryptocurrency users still complain about not getting rewards even though they do not cheat.
*Not investment advice.
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