Although I lost money with OKB, the security of the OKX wallet is definitely not an issue.
Many people actually do not know that the "no backdoor" of self-custody wallets is not just a slogan, but a decision made by the technical architecture.
What is a private key?
It is the full authority over your assets; the wallet is just a tool that helps you "use" that authority.
Self-custody wallets like OKX Wallet generate, store, and sign the private key all locally on your phone.
This means two things:
First, the officials cannot access your private key;
Second, they do not have the authority to help you "sign transactions remotely."
So if someone can take your money, there are really only a few possibilities:
1. Your device is controlled by malware
2. The private key has been copied, leaked, screenshot, or synced to the cloud
3. You have authorized a malicious smart contract / dApp
But the only thing that is impossible is:
"The officials took it away."
Because logically, by code, and by architecture, they do not have that capability.
If the OK wallet has a problem, other competitors would have long since written explosive news reports.
