PANews reported on February 25 that according to OKX official news, the OKX Seychelles subsidiary has reached a settlement with an investigation by the U.S. Department of Justice today, admitting that due to historical compliance control deficiencies, a small number of U.S. customers had traded on the company's global platform. According to the settlement, OKX agreed to pay a fine of $84 million and give up approximately $421 million in revenue from U.S. customers during this period, most of which came from a small number of institutional customers. In this settlement, there are no allegations of customer damage, no charges against any company employees, and no government supervisors have been appointed. OKX said it will strengthen the customer identification (KYC) system and customer risk rating (CRR) system, expand the enhanced due diligence (EDD) program, deploy industry-leading anti-money laundering (AML) and sanctions tools, and has formed a professional investigation team of more than 150 people for this purpose.
OKX and the U.S. Department of Justice officially reached a settlement
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Author: PA一线
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