OKX Jumpstart limits wool party users! Participating in the KYC of relatives and friends may lead to risk control

This site (120bTC.coM): The original meaning of "sheep wool" is "to use the collective's small profits to satisfy one's own selfish desires." After it became an Internet Meme term, in the currency circle, it generally refers to attempts to obtain airdrops, or other An act that forms a free benefit. People who "gather wool" are also called woolists. Individuals may create multiple accounts and participate in activities on the Web3 platform to multiply free benefits.

These behaviors can be said to have a symbiotic relationship with popular DeFi protocols or emerging public chains at first. However, recently, due to the restriction of market conditions, many new startups have chosen to strictly eliminate the benefits of woolists, hoping to leave them to Real users. "Witch attacks" are even used to describe users who create multiple sets of addresses to seek airdrops, and "anti-witch" policies are adopted to restrict them.

Most of these situations occur on the chain, but the issuance of new coins by OKX Jumpstart, a centralized platform, will also restrict "wool parties". This time there was even a strange phenomenon of "half-blocking".

OKX Jumpstart user: I have also been banned, but I can’t figure it out

According to many OKX users, the recent OKX Jumpstart did not allow them to invest BTC and ETH to participate, but some said they were not affected.

After cross-examination, it was found that the accounts that were "unable to participate in the event" had used the KYC of relatives and friends to create more accounts to participate in Jumpstart. Although my account is not a zombie account and has normal trading activities and capital transactions, I am still restricted from participating in activities.

The strange thing is that the interviewee said that when he created KYC for friends and family, he used different devices and used an external wallet to transfer funds instead of using OKX internal transfer, and it would still be judged as a risk control account.

What’s even more outrageous is that some users said that among the two pledged assets that Jumpstart is open to participate in, they are only restricted to one of them, forming a spectacle of “half risk control”.

Interviewees further stated that OKX Jumpstart’s policy to prevent account abuse has been implemented for a long time. In the early days, a group of users who professionally operated KYC farm accounts have also been banned from using it.

Possible reasons for being unable to participate in OKX Jumpstart?

In the terms of OKX Jumpstart, it states:

• This project is limited to qualified participants, and eligibility is determined by OKX in its sole discretion.

• OKX reserves the right to cancel or suspend the account of any participant and forfeit all rewards from any participant who is found to have engaged in any dishonest or abusive behavior, including but not limited to click farming, registering multiple accounts , use other people's accounts, use other people's KYC information to register accounts, provide false KYC information, use device farms or other malicious tools for abusive, dishonest or fraudulent purposes, engage in money laundering transactions or false transactions, violate any applicable OKX rules or policies, any The rules or terms and conditions or announcements of activities or projects (as revised from time to time), violation of local regulatory rules or participation in other activities with the intention or result of abusing, damaging or weakening the legitimate operation of the project, these behaviors are determined by OKX in its sole discretion.

It seems that OKX can prohibit specific users from participating in OKX Jumpstart according to the terms, but it did not explain that there will be a "half risk control" situation.

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