OKX has officially relaunched its decentralized exchange (DEX) with a real-time abuse detection and blocking system to combat illicit activities.
In a statement on X, CEO Star Xu, also known as Mingxing Xu, announced: “OKX DEX will restart today with a real-time abuse detecting and blocking system.”
He described OKX Web3 as “the Chrome and search engine of the blockchain,” highlighting their deep understanding of on-chain data. This allows users to access real-time information across hundreds of blockchains, manage assets across various networks, and interact with millions of decentralized applications (dApps).
This relaunch follows increased scrutiny after the platform was linked to a $100 million laundering operation allegedly tied to North Korea’s Lazarus Group.
The OKX DEX now offers real-time tools for identifying and blocking suspicious activities, actively monitoring on-chain behaviors across supported blockchains to protect against laundering attempts and malicious smart contracts.
