OKX Suspends DEX Aggregator After Lazarus Group Laundering Attempt

The cryptocurrency exchange halts decentralized trading services to enhance security and block hacker-linked addresses following $1.5 billion Bybit hack.

OKX temporarily shut down its decentralized exchange (DEX) aggregator to address security vulnerabilities and implement new real-time blockchain tagging and hacker-blocking measures.
The suspension follows reports that the Lazarus Group laundered $100 million of stolen funds from Bybit's $1.5 billion crypto heist through OKX's Web3 platform.
The company denies being under investigation by EU regulators but confirmed consulting with officials before pausing its DEX services to improve compliance and security.
OKX recently settled with the U.S. Department of Justice for $500 million in penalties over anti-money laundering lapses and operating without a money transmitter license.
The exchange accuses competitors and media of spreading misinformation about its role in combating financial crime and stresses its commitment to transparency and user safety.