OKX Parent Company Pleads Guilty to U.S. AML Violations, Agrees to $500M Settlement
Aux Cayes FinTech Co. Ltd, the operator of cryptocurrency exchange OKX, has acknowledged running an unlicensed money-transmitting business, breaching U.S. Anti-Money Laundering laws. As a part of a settlement with the U.S. Department of Justice, the company will pay over $500 million in penalties and forfeited earnings. The Seychelles-based firm ...
