TechFlow reported that OKX founder Star Xu responded on social media regarding the QuantMatter incident, stating, "This account has no commonalities with other cases, and the timing is completely different. The investigation is still ongoing. What we can confirm is that complete logs show the withdrawal was initiated from the web interface, and the withdrawal request included both full GA and email verification codes."
Previous report: Singapore-based market maker QuantMatter lost $11.6 million from its OKX account, claiming to have used offline Google Authenticator.
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