OKX Ventures Denies Dow Protocol Investment Amid Misinformation
OKX Ventures has refuted claims that it invested in DeFi protocol Dow Protocol. The company's investment arm released a statement on X, denying any involvement with the project and condemning the spread of misinformation.
In its clarification, OKX Ventures warned those responsible for spreading false information about the alleged investment, labeling them 'impersonation scammers'. The platform emphasized the need to protect its brand reputation and the crypto community from such fraudulent schemes.
The company also revealed that it has detected individuals impersonating its representatives, who reach out to blockchain initiatives with fake investment opportunities. OKX Ventures advised developers and ventures to exercise caution when receiving such requests and urged them to verify authenticity through official channels.