OKX denied being under EU investigation for its decentralized trading and self-custodial wallet services being used for laundering funds from the 1,5bn USD Bybit hack, stating on its official X account that the reports are misleading

Event date

Mar 11, 2025 - 12:00am

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OKX has denied claims that European regulators are examining its Web3 service for allegedly allowing Bybit hackers to launder $100 million in stolen funds.

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