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3/12/2025 8:02:28 AM (GMT+1)

European regulators are investigating OKX's involvement in laundering $100 million from the hacked funds of Bybit, considering a potential violation of MiCA standards for cryptocurrency services

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European regulators are investigating the possible involvement of the crypto exchange OKX in laundering $100 million stolen in a hacker attack on Bybit. Regulators discussed the matter at a meeting on March 6, considering whether services such as OKX's Web3 proxy and wallet should fall under MiCA regulations. According to Bybit's CEO, around $100 million of the $1.5 billion stolen was laundered through the OKX platform. The exchange denied the accusations and stated that there is no ongoing investigation by the EU, claiming that the information is false.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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