OKX DEX Resumes Operations

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OKX has officially relaunched its decentralized exchange (DEX) with a new real-time abuse detection and blocking system to counter illicit activities.

In an X post, CEO Star Xu, also known as Mingxing Xu, stated: “OKX DEX will restart today with a real-time abuse detecting and blocking system.”

He likened OKX Web3 to “the Chrome and search engine of the blockchain,” highlighting their deep understanding of on-chain data. This enables users to access real-time information across hundreds of blockchains, manage assets across multiple networks, and interact with millions of decentralized applications (dApps).

The relaunch comes after months of increased scrutiny, following the platform’s alleged connection to a $100 million laundering operation linked to North Korea’s Lazarus Group.