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OKX Suspends Trading of Sats Token After Fraudulent Orders

OKX, a leading Web3 technology company and cryptocurrency exchange, has halted trading of sats, a BRC-20 token that pays homage to satoshi, the smallest unit of Bitcoin. The suspension came after a loophole was discovered in the OKX Web3 Wallet Ordinals trading market, where a large number of fake sats tokens were displayed in pending orders, deceiving unsuspecting buyers.

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