Shocking $1.2M Fine Exposes OKX's AML Failures in Malta
Blockchain News

Shocking $1.2M Fine Exposes OKX’s AML Failures in Malta

The cryptocurrency world is once again under the regulatory microscope as OKX, a prominent crypto exchange, finds itself in hot water. Malta’s Financial Intelligence Analysis Unit (FIAU) has slapped OKX with a significant regulatory fine of $1.2 million. This penalty stems from a 2023 compliance inspection that unearthed serious anti-money laundering (AML) violations. Are these […]

Urgent Crypto Alert: OKX to Delist Four Perpetual Futures Contracts - Impact on Traders
Blockchain News

Urgent Crypto Alert: OKX to Delist Four Perpetual Futures Contracts – Impact on Traders

Heads up, crypto traders! The ever-dynamic world of cryptocurrency never sleeps, and neither do the changes. If you’re actively trading on OKX, especially in perpetual futures, you need to pay close attention to this urgent announcement. Major crypto exchange OKX has just dropped a notification that could directly impact your trading strategies. Let’s dive into […]

OKX Fortifies Leadership: Welcomes Linda Lacewell as New CLO in Strategic Hire
Blockchain News

OKX Fortifies Leadership: Welcomes Linda Lacewell as New CLO in Strategic Hire

In a significant move highlighting the growing emphasis on regulatory compliance within the cryptocurrency sector, leading crypto exchange OKX has announced the appointment of Linda Lacewell as its new Chief Legal Officer (CLO). This strategic hire brings a wealth of experience to OKX, as Lacewell previously spearheaded the New York Department of Financial Services, a […]

Urgent Thailand SEC Crackdown: OKX Faces Legal Storm for Unlicensed Crypto Exchange Operations
Blockchain News

Urgent Thailand SEC Crackdown: OKX Faces Legal Storm for Unlicensed Crypto Exchange Operations

In a significant move signaling a tougher stance on cryptocurrency operations, Thailand’s Securities and Exchange Commission (SEC) has initiated legal proceedings against Aux Cayes FinTech, the company behind the popular crypto exchange OKX. The charges, unveiled in a recent report by Crowdfund Insider, allege that OKX operated as an unlicensed crypto exchange, a serious breach […]