OKX Shield Offers Up To €500K Account-Takeover Protection In Europe

TL;DR OKX has launched Shield in Europe, a discretionary reimbursement program for qualifying account-takeover losses. Protection limits rise from €100,000 for standard users to €500,000 for VIP 4–6 customers. OKX explicitly says Shield is not insurance, deposit protection or a statutory compensation scheme. OKX is trying a different approach to exchange security in Europe: make users complete a hardening checklist, then attach a discretionary financial backstop to certain account-takeover losse