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OKX COULD LOSE MICA LICENSE AS EU PROBES USE OF ITS WEB3 TOOLS TO LAUNDER BYBIT HACK FUNDS

links.tldrnewsletter.com3 min read

Summary from the TLDR Crypto newsletter

European regulators are investigating OKX's Web3 platform for allegedly laundering $100M of the $1.5B stolen in the February Bybit hack (attributed to North Korea's Lazarus Group), raising questions about its compliance with the EU's MiCA framework.