OKX denies the EU scrutiny accusations about its role in the Bybit hack, describing them as misleading. The exchange stresses its efforts to collaborate in freezing stolen funds and aims to clarify the misinformation allegedly propagated by Bybit.

The accusations from Bybit relate to its own security mishaps tied to the Lazarus Group. Meanwhile, OKX has recently secured MiCA compliance, reinforcing its regulatory standing in the EU amidst ongoing scrutiny related to decentralized services.