Cryptocurrency exchange OKEx has pushed back against allegations made by Hong-Kong based trading firm Amber AI over its early settlement of bitcoin cash (BCH) futures contracts last week.

Calling a Monday blog post from the firm “defamatory,” OKEx said in a statement on Tuesday that the allegations are “completely false” and have caused “serious damages” to its reputation.

The post alleges that the way OKEx had forced early settlement of bitcoin cash futures contracts at the last traded price on Nov. 14 – a day before a hard fork of the bitcoin cash blockchain that resulted in two new competing cryptos – was “indicative of outright market manipulation and one of the more serious acts of fraud in the history of limit order book trading in the cryptocurrency markets.”

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