OKX CEO Star Xu Criticizes Changpeng Zhao’s Response to Binance Breach

OKX founder and CEO Star Xu criticized Binance co-founder Changpeng Zhao’s response to the exchange’s Oct. 29 security incident and urged security cooperation as Binance said it had replenished about 98% of affected assets. Xu made the appeal in a post at 8:48 p.m. ET Nov. 3 (1:48 a.m. UTC Nov. 4). He urged exchanges to coordinate on security and wrote, “I genuinely don’t want to criticize a competitor during their crisis,” Xu wrote. He had previously called for exchanges to coordinate security defenses and tighten transaction checks. In a video interview published Nov.