OKX pauses DEX aggregator to prevent misuse by Lazarus Group, facing money laundering allegations.

From Cointelegraph
March 17, 2025 01:09 AM:

Crypto exchange OKX has temporarily paused its decentralized exchange aggregator to prevent further misuse by North Korean hacking collective Lazarus Group. The DEX aggregator was suspended for an internal review and upgrade, with wallet services still available but new wallet creation paused in select markets. European Union financial watchdogs are investigating OKX for alleged money laundering from the Bybit hack. Bybit CEO Ben Zhou stated that $100 million from the hack was laundered through OKX’s Web3 proxy. OKX responded, denying the allegations and implementing new hack detection features and controls to prevent misuse. CEO Star Xu emphasized that OKX Web3 is not a custodian of assets but provides liquidity access across protocols.

Read more at Cointelegraph: OKX suspends DEX aggregator to stop ‘further misuse’ by Lazarus