OKX could lose MiCA license as EU probes use of its Web3 tools to launder Bybit hack funds: report
Article
Publish date
Mar 11, 2025 - 12:00am
Publisher
The Block
Web URL
https://www.theblock.co/post/345774/okx-could-lose-mica-license-as-eu-probes-use-of-its-web3-tools-to-launder-bybit-hack-funds-report
Referenced by
OKX denied the accusations it is being investigated by authorities on its official X account. The exchange reportedly faces penalties including losing its MiCA license, which it received in February
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Earlier this month, Bybit CEO Ben Zhou claimed that at least $100 million in assets moved through OKX's web3 platforms
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OKX denies reports of EU regulators examining the exchange
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