OKX releases a statement on CELT and a disposal plan, announcing an airdrop of over 3 million USDT to affected users

ChainCatcher message, OKX released "Statement on the Significant Price Fluctuation of the CELT Project on the OKX Platform and Disposal Plan," indicating that CELT is a Gamefi project invested by OKX Ventures in September 2021, with an investment amount of 100,000 USD. These tokens are locked in the OKX Ventures account and have not been operated.

In addition, several KOLs promoted it under the name "OK's favorite," and this behavior was not authorized by the OKX platform. OKX did not find any internal employees involved in this incident during the investigation.

Regarding the subsequent disposal, OKX will deduct the entire balance of 2,014,381 USDT from 5 market manipulation accounts and will donate 1,000,000 USDT from its own funds, totaling 3,014,381 USDT to airdrop to the affected users in this incident. The specific airdrop targets are users who bought CELT and incurred losses between February 25, 12:00:00 Hong Kong time and February 28, 12:00:00. Detailed airdrop rules will be released within 48 hours. (Source link)