Xu Mingxing, nicknamed by people: Nurse Xu (because OK was very good at injections in the early days), born in 1985, a native of Huai'an, Jiangsu, one of the founders of Okcoin. Talking about him reminds me of the past time of the exchange, which was short but intriguing.
There are a lot of big news in the currency circle, but as time goes by, many of them are forgotten. With the tightening of supervision, some things have temporarily sunk into the bottom of the box, with no one asking about them and few people knowing about them.
After the tightening of regulations this year, the top domestic exchanges have delisted search engines. It caused a commotion in the industry. In addition to having a number of accounts banned, the cryptocurrency industry's biggest Vs who used to talk eloquently on social media have also curbed their behavior.
After constant disputes and more than a year of silence, Xu Mingxing finally appeared in the public eye again because of OKEX's "unable to withdraw currency incident". The cause of the incident was that the company was suspected of providing money laundering services for domestic and foreign gambling gangs, and Xu Mingxing was involved. The department took him away to assist in the investigation. The incident aroused heated discussion, leading to panic withdrawals on the exchange.
The exchange immediately issued a notice suspending currency withdrawals, and later explained the inability to withdraw coins, saying that the wallet key was kept by many people, and the multi-signature key was in the hands of the "big boss". , referring to Xu Mingxing, and then said that except for withdrawing coins, other functions are normal and the security of assets is not affected. There is nothing wrong with this explanation.
But at the same time, insiders claimed that the main reason why Xu was taken away for investigation was because Ouke Group had previously been listed on a backdoor listing in Hong Kong, and a portion of the shell purchase funds involved an underground bank in Shanxi.
In 2018, Okex began to be involved in many rights protection disputes. In September, Mingxing Xu announced his resignation as CEO, and later became an indirect platform for the company as the founder of Okex Cloud Group. Ouke Cloud Chain Holdings is the predecessor of Ouke Cloud Group. The shell company was called Qianjin Holding Group, and the name was changed later.
The best thing about Xu Mingxing is that he is not like those in the industry who are too ruthless. Some exchanges, not to mention exchanges, have nothing to say about that and that, so I won’t go into details. This is why some things have risen to the level of national strategy, and they only do it because they have taken advantage of the blockchain and have a head start.
When Lao Xu was young, his business ended in failure. He and his friends founded the group-buying website Wan Tuan. Later, they were heavily in debt and had to start looking for a way out and apply for jobs everywhere. He just started working at Yahoo. In 2007, he co-founded Daoke Baba with Lin Yaocheng, focusing on online document sharing business.
Five years later, in 2012, Xu Mingxing, unwilling to accept the status quo, started his second business venture. This time, he focused his attention on O2O and aimed at combining catering promotion with Internet promotion. Practice is practice, and the profits are still numb, so he turns his thoughts to other things. At this time, he has gone through two rounds of experience, his ambition is more expanded, and he wants more.
Nothing is written by coincidence, and everything you think will come true. By chance, Xu Mingxing learned about Bitcoin through an American TV series. This novelty touched him greatly, and he bought some. At that time, the unit price of Bitcoin was only 20 dollars, and this "some" laid the foundation for him to become rich overnight. Foundation.
Facts have proved that he was right in his bet. When he later founded Okex, the original Okcoin had already changed. This time he chose to keep his word, because what he insisted on was a career he loved. He said, "I don't really like making money, but I like to build powerful technology." Friends commented that he lacked something, and he was unwilling to fight back against the vicious competition from his peers; perhaps compared to his previous frivolity and ambition, this time he chose simplicity.
In 2018, Okex faced the challenge of fearing the industry. It was the largest and the most sensational so far. Xu Mingxing, a high school classmate, was also in the circle fearing group. When he questioned Xu Mingxing because his contract was liquidated, he was told, "You just have too much gambling ambitions" and was subsequently blocked.
The most uproarous incident was undoubtedly the dichlorvos incident. A man named Yang Yong lost 11 million in a contract and wanted to fight with Xu Mingxing. This was just because Xu had previously replied, "You bring two bottles of dichlorvos, and I will You've done it one bottle at a time. ’
In early September, Xu Mingxing was taken to Shanghai. After being interrogated in the jail, he was very hungry because he had not eaten for a long time. The fearful people who rushed to Shanghai pooled money to help Xu Mingxing buy steamed buns. That night, Xu Mingxing denied the news. . Lao Xu's playful approach is, to be fair, wrong. It's understandable because of face.
Capitalists are just that. If you don’t do that, you would still be a capitalist. This sentence must be understood correctly. As an investor, you should think carefully about whether the investment you make is extreme. If it is too extreme, it is not called investment, but gambling-style speculation.
In fact, OK had compensated before, but after some people got a taste of the benefits, others followed suit. Of course, the exchange must be more or less responsible. But since it is an investment, since it is your own choice, if you choose to make a big deal out of small things, you must be ready to sacrifice everything at any time. People who are blindly aggressive without even considering this risk will lose money and do not deserve sympathy. Choose investments within the scope that you can afford. Losing money is a lesson to yourself, and you can recover later.
Someone asked me about contracts very early on. What I want to say is that risks are mostly secondary. There are many problems that cannot be explained in detail, which are beyond your imagination. Therefore, keeping money safely is not necessarily a bad thing.
In 2016, Lao Xu donated 500,000 to his high school alma mater, and the money went into the "Snoring Growth Education Award Fund", which was the largest donation the school received at that time. In 2018, Lao Xu led OKGroup volunteers to go to the mountains of Yunnan, Donations and condolences were made to local poverty-stricken areas and left-behind children. In November of the same year, they participated in the United Nations Children's Education Fund charity event and used blockchain technology to provide help to recipients.
He said, "Blockchain will protect everyone's spark of kindness. When a person wants to help compatriots far away, every donation he makes will be immediately fed back to the blockchain and cannot be tampered with. Even if it is tampered with. Thousands of miles apart, people can witness the growth of their love.”
From being questioned to growing up, he also experienced betrayal. Perhaps Xu Mingxing finally understood that the right path in the world is the vicissitudes of life.
