OKX reaches $505M non-compliance settlement with DOJ
Global crypto exchange OKX has agreed to pay $505 million in penalties after pleading guilty to operating an unlicensed money-transmitting business in violation of U.S. Anti-Money Laundering laws. The settlement follows an investigation by the U.S. Department of Justice, which found that certain U.S. customers had traded on OKX’s global platform despite the company’s official … Read more