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OKX Response: Bloomberg's article is misleading, OKX is not under EU investigation

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Reprinted from panewslab

03/12/2025·1M

PANews On March 12, OKX posted on the X platform: " Bloomberg's article is misleading. Like all other major cryptocurrency exchanges, OKX provides a self-custodial wallet service/exchange function that can serve as an aggregator to create efficiency for users. When Bybit was hacked, we took two reactions. 1. We frozen the relevant funds transferred to our CEX; 2. We developed a new feature to detect/block hacker addresses to use our DEX or wallet services. Unfortunately, Bybit's statement spread misinformation among reporters. We want to clarify to the community: 1. OKX is not under investigation; 2. This is just an example of Bybit's lack of security knowledge; 3. Our web3 wallet service is no different from those provided by other industry participants. We will continue to help Bybit strengthen the industry. But we absolutely refute Bybit's false statements that have led to misunderstandings about our role in the exchange's serious security breach."

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