Bounty

Founder

Security

<div class="key-points-section">
 <strong>What to Know:</strong>
 <ul>
  <li>10 BTC bounty offered by OKX CEO for evidence of a wallet backdoor.</li>
  <li>OKX is a top-5 exchange with 60 million users.</li>
  <li>Claims originate from a OneKey employee linking wallets to security risks.</li>
 </ul>
</div>
<p>On November 15, 2025, OKX CEO Star Xu announced a 10 BTC bounty for evidence confirming a backdoor in OKX Wallet amid theft allegations from OKxiaohai.</p>
<p>This event highlights ongoing security concerns in crypto wallets, potentially impacting user trust and market dynamics, underscoring the importance of transparency and accountability in the crypto industry.</p>
<p>OKX CEO Star Xu announced a 10 BTC bounty on November 15, 2025, for evidence supporting allegations of a backdoor in the OKX Wallet.</p>
<p>The announcement aims to reassure users and maintain confidence in OKX's security, amid allegations from a OneKey employee suggesting potential wallet vulnerabilities.</p>
<h2 id="10-btc-reward-to-investigate-allegations">10 BTC Reward to Investigate Allegations</h2>
<p><strong>Star Xu offered a substantial 10 BTC reward</strong> to motivate public scrutiny of the alleged wallet backdoor. OKX's <strong>wallet code is open-sourced</strong> on <a href="https://github.com/okx/open-source-projects" rel="noopener noreferrer nofollow">GitHub</a>, inviting audits from developers and users.</p>
<p><strong>OKxiaohai, a OneKey employee, alleged</strong> vulnerabilities after surveying victimized users. These claims initiated the dispute, with accusations centered on widespread wallet issues.</p>
<h2 id="bounty-offer-sparks-diverse-reactions">Bounty Offer Sparks Diverse Reactions</h2>
<p>The offer has prompted <strong>mixed reactions within the crypto community</strong>. Some developers are engaging in the bounty, while others remain skeptical of the allegations due to <strong>a lack of concrete evidence</strong>.</p>
<p>Financial implications are currently minimal, as <strong>no broad effects on crypto markets have emerged</strong>. However, the incident underscores ongoing debates about wallet security across the industry.</p>
<blockquote>
 _"Anyone who can provide solid evidence proving the existence of a backdoor in OKX Wallet, our @wallet team will reward 10 BTC. We invite OKX Wallet's tens of millions of global users to jointly monitor this." - Star Xu, Founder and CEO of OKX_
</blockquote>
<h2 id="transparency-efforts-may-set-new-precedents">Transparency Efforts May Set New Precedents</h2>
<p>While not the first security issue in crypto, <strong>OKX's approach of transparency</strong> through a bounty is noteworthy. The situation may prompt similar moves in other companies to enhance wallet security confidence.</p>
<p>Analysts suggest that the incident could increase scrutiny on wallet providers, potentially leading to <strong>industry standards and audits becoming more critical</strong> in the future.</p>
<blockquote class="twitter-tweet">
 <a href="https://twitter.com/Star_Xu/status/202511150921" rel="noopener noreferrer nofollow"></a>
</blockquote>
<p>For further reading, check out <a href="https://yellow.com/news/okx-ceo-offers-10-bitcoin-reward-for-proof-of-alleged-wallet-backdoor" rel="noopener noreferrer nofollow">OKX CEO Offers 10 Bitcoin Reward</a> and <a href="https://ambcrypto.com/okx-wallet-faces-backdoor-claims-will-reward-10-btc-as-bounty" rel="noopener noreferrer nofollow">OKX Wallet Faces Backdoor Claims</a>.</p>
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    <td><em><strong>Disclaimer</strong>: The information on this <a href="https://bitcoininfonews.com/" rel="noopener noreferrer nofollow">website</a> is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.</em></td>
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</figure> <a href="https://bitcoininfonews.com/okx-ceo-wallet-security-bounty/" rel="noopener noreferrer nofollow">Read original article on bitcoininfonews.com</a>

OKX CEO Offers 10 BTC Bounty for Wallet Security Proof

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