The OX.fun exchange link Su Zhu has been criticized for increasing the supply of OX.

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On May 8, TinTucBitcoin reported that Ox.fun, a trading platform related to Su Zhu – the founder of Three Arrows Capital, is accused of inflating the amount of OX Token from 4.2 billion to 9.8 billion without prior notice. Blockchain data shows that the market value of the Token surged from under 5 million USD to around 17 million USD, raising suspicions about the project's transparency.

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The Ox.fun team announced the release of additional tokens on the social network through the "Ox Seasons" plan on April 1, 2025. An additional 6 billion tokens will be locked in multi-signature wallets and released gradually according to the plan. The team emphasized that they have disabled the contract issuance function to ensure transparency.

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However, the community remains skeptical about the delays in information, and some users are concerned that this move could pose a "soft rug pull" risk. It should be noted that Su Zhu's reputation has been affected by the bankruptcy of Three Arrows Capital. Additionally, Ox.fun has had disputes with JefeDAO in February 2025.

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Although the platform has provided an explanation, a series of events continues to raise concerns about the financial stability of Ox.fun. This content is intended only to provide market information and does not constitute investment advice.

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