Open Exchange Token (OX), the native Token of bankrupt platform OPNX, jumped 50% just 20 minutes after co-founder Su Zhu reportedly posted to X (Twitter) for the first time since his arrest .
On December 1, Su posted a simple “gm” – short for “good morning” – marking his first X post since September 29, the same day he was arrested in Singapore's Changi Airport while trying to leave the country.
According to CoinGecko data , in the 20 minutes after Su's X post, OX increased nearly 50% to $0.021 and reached a 63-day high – a price not seen since the day of Su's arrest.
Immediately after reaching its price peak, OX fell about 6%. Its market Capital currently stands at over $104.5 million.
Su was arrested on September 29 while trying to leave Singapore following a court order sending him to jail for contempt of court.
The order was intended to force Su to spend four months in prison - meaning he won't be released until next year, although some speculate he may have been released after a wallet labeled " suzhu. ETH” — believed to belong to Su (though not confirmed) — became active again on November 29.
OPNX, short for Open Exchange, is a platform that allows the trading of creditor claims from bankrupt cryptocurrency companies
