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.
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


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