Bybit Hack Prompts EU Scrutiny of OKX Platform Used by Thieves
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, people with knowledge of the matter said.
National watchdogs from the European Union's 27 member states discussed the issue at a meeting hosted by the European Securities and Markets Authority 's Digital Finance Standing Committee on March 6, the people said, asking not to be named because the deliberations are confidential. OKX is subject to the EU's new Markets in Cryptoassets, or MiCA, regulations.
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