The Ox.fun platform associated with Su Zhu is facing strong opposition due to its sudden doubling of the OX token supply.

PANews reported on May 8 that, according to Beincrypto, the trading platform Ox.fun linked by Su Zhu, the founder of Three Arrows Capital, was accused of increasing the total number of OX tokens from 4.2 billion to 9.8 billion without prior announcement. According to blockchain data, the operation caused the token's market value to jump from less than $5 million to about $17 million, raising questions about the transparency of the project team. The Ox.fun team later responded that the additional issuance was disclosed on social media on April 1, 2025 through the "Ox Seasons" program, and the additional 6 billion tokens will be locked in multi-signature wallets and gradually distributed to users as planned. The team highlighted that the contract minting feature has been disabled to ensure transparency. However, the community still questioned the lag in communication, and some users believed that there was a risk of "soft rug pull". It is worth noting that Su Zhu's credibility has been damaged due to the bankruptcy of Three Arrows Capital, and Ox.fun had a dispute with JefeDAO in February 2025. Although the platform has provided an explanation, a series of events continues to raise concerns about its financial stability.