OKX CEO calls for industry oversight concerning token listings

In a recent post on X, Star Xu, CEO of OKX Exchange, cautioned that cryptocurrency exchanges should avoid becoming accomplices to some token projects that dump their tokens, cash out their holdings and take advantage of their users after their tokens are listed on exchanges. Xu said that his exchange has underperformed in terms of token listings, highlighting the lack of industry oversight concerning listings and the token holdings of projects. He urged the entire sector to pay attention to this issue.