Summary
- Xu Mingxing, OKX CEO, stated that OKX did not help Bybit hackers with money laundering.
- OKX emphasized that they worked closely with Bybit after the hacking incident to provide technical support.
- OKX reported that they are cooperating with global regulatory authorities and discussing potential Web3 regulations.
According to Bloomberg on the 11th (local time), European regulatory authorities are investigating OKX Web3 services in connection with the laundering of $100 million worth of virtual assets (cryptocurrency) stolen from Bybit.
Xu Mingxing, OKX Chief Executive Officer (CEO), stated regarding this matter, "OKX Web3 wallet is purely self-custody software, and OKX DEX is identical to DEX aggregator services provided by various Web3 companies."
He continued, "OKX has never helped the Bybit hackers with money laundering," and explained, "Bybit built its own Web3 wallet and DEX infrastructure utilizing OKX wallet and DEX API."
He emphasized, "After the Bybit hacking incident, OKX worked closely with Bybit, including email communications, to provide technical support," adding, "In particular, we urgently developed a system that can detect hacker addresses on CEX and DEX, and released it within days."
Furthermore, he added, "OKX has been cooperating with global regulatory authorities and is also discussing potential Web3 regulations."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
