As usual, our efforts are strengthening the entire ecosystem, and to help companies like Bybit have a better understanding of wallet security and tracing funds, so they are better prepared for the future. 
OKX Web3 maintains technical controls like IP blocking of users from prohibited countries, and the ability to block flagged addresses. We always cooperate with global regulators and would be happy to discuss with them about the potential web3 regulations in the future.

European crypto regulators are scrutinizing the use of a service offered by OKX, one of the largest digital-asset exchanges, by hackers to launder proceeds from a $1.5 billion heist on trading platform Bybit https://t.co/FfxTy3n1Qw

OKX Web3 wallet is a pure self custody software, as everybody knows. OKX DEX is a DEX aggregator and provides people with the cheapest routes to various DEXs. It’s exactly the same product offered by a lot of popular web3 companies. 

According to Bloomberg report, bybit appears…

Star

As usual, our efforts are strengthening the entire ecosystem, and to help companies like Bybit have a better understanding of wallet security and tracing funds, so they are better prepared for the future. 
OKX Web3 maintains technical controls like IP blocking of users from prohibited countries, and the ability to block flagged addresses. We always cooperate with global regulators and would be happy to discuss with them about the potential web3 regulations in the future.
https://x.com/star_okx/status/1899489242784702700