Star Xu: All centralized platforms and cross-chain bridges that are not fully compliant face high risks.

Odaily News: Xu Mingxing tweeted that in the current industry environment, all centralized trading platforms and cross-chain bridges that do not fully comply with KYC, AML, and other compliance controls will face high risks in any jurisdiction. Multichain is the latest case, so please protect your personal crypto assets.

Xu Mingxing also mentioned that the OKX CEX team had already started establishing their compliance infrastructure according to global standards prior to this, and will continue to do so.