Star responded to the DeBot security incident, stating that DEX Bot products must meet exchange-level security standards; otherwise, the risk is extre...

[Star Responds to DeBot Security Incident: DEX Bot Products Must Meet Exchange-Level Security Standards, Otherwise the Risk is Extremely High] According to Mars Finance, OKX CEO Star responded to the DeBot security incident on the X platform, stating: "There are several common scenarios for wallet theft. The centralized private key risk of DEX Bot products involves these products uploading user private keys to servers and storing them in plaintext or decryptable form. Once hacked, the risk level is practically equivalent to that of an exchange. Therefore, the security standards of these products must reach exchange-level, otherwise the risk is extremely high. Other risks include code vulnerabilities or malicious intent in self-custodial wallets, compromised user devices or data leaks, and the structural dependence of automated strategies on private key custody." Star added that the correct direction for wallet security evolution is that private key security and ease of use are not contradictory.