🇸🇨💥 OKX, the Seychelles-based crypto exchange, refutes reports of being investigated by European regulators for failing to block Bybit hackers. OKX, regulated by MiCA, says misinformation stemmed from Bybit's statements. In a March 11 post on X, OKX said it blocked the hacked funds from moving into its platform and deployed a feature to detect/block hackers' addresses. This was in response to a Bloomberg report about scrutiny of its custody wallet service. 🛡️ Suspected North Korean-backed hackers reportedly laundered 100M in digital assets using OKX's wallet service. Bybit CEO Ben Zhou shared a summary of the stolen funds' movement, with 16,680 ETH traced and 23,553 ETH untraceable. OKX insists its custodial wallet is like those of rival exchanges and disputes Bybit's claims. "We will continue to help Bybit strengthen the industry but refute false claims," OKX said. What are your thoughts on this controversy and its impact on the crypto world?