
Colin Wu|Mar 17, 2025 02:56
OKX DEX service suddenly suspended due to regulatory oversight
Due to Bybit North Korean hackers using it to launder nearly $100 million. The EU is in a meeting, and some governments are demanding an investigation or even revocation of OKX's just launched Mica license.
It's indeed a bit difficult. Under a brand, the main business needs to be completely compliant, while the sub businesses need to be decentralized without licenses, and it's also difficult to distinguish supervision.
I don't know if OKX web3 will need to incorporate some human controlled mechanisms. Even restored to require KYC (similar to Binance).
https://www. (ok(x.com))/zh-hans/learn/dex-aggregator-service-update
https://(x.com)/okx/status/1899486632069263843
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