OKX temporarily suspended its decentralized complex for exchange after the European Union organizers (EU) began looking at how it was used by North Korea to wash the returns from a Recently hacked for encryption exchange.
Bloomberg mentioned on March 11 The European Union organizers were investigating the OKX services on charges of money laundering from the BYBIT, which prompted the President of OKX Hong Fang and other executives to contact Bloomberg’s report to misleading and confirm the company’s commitment to financial crime.
I am deeply disappointed that when we try to help our industry to become safer, those who helped us send wrong information instead and try to create FUD.
Regardless of what others do or say, we are committed to our commitment to comply seriously. We adhere to our commitment to … https://t.co/nn9aylpno1
Hongca March 11, 2025
Usually we do not respond to wrong allegations and wrong information.
Although our best to actively help by directing resources towards them, it seems that they indicate wrong information on X and with journalists.
We talked to Bloomberg today and presented our statement … https://t.co/vjyk9whksp
Hyder (@Haider) March 11, 2025
“We are addressing the problem of putting signs with explorers who highlight the OKX DeX complex as a trading destination when it is actually, ACCX Dex only is looking for the best price to implement the order, then the order/final trade is placed in one of the DEXS messages that ACCREGATOR calls,” said an OKX CoINDESK spokesman in the message.
A spokesman for the regulators said, after consulting the organizers, who stopped proactively from our Dex complex to implement new signs and safety promotions.
“This decision guarantees the transparency of how our software and systems work, as well as the safety of our platform and users,” they continued.
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