Star: DEX bot products must meet exchange-level security standards; otherwise, the risk is extremely high.

On December 28th, PANews reported that OKX founder and CEO Star responded to the DeBot security incident on the X platform, stating: "Wallet theft can be caused by several common scenarios. The centralized private key risk in 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 essentially equivalent to that of an exchange. Therefore, the security standards of these products must reach exchange levels; otherwise, the risk is extremely high. Self-custodial wallets also face risks such as code vulnerabilities or malicious intent, 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 mutually exclusive.