
OKX’s $505M Settlement: A Landmark Warning to Crypto Exchanges on Regulatory Compliance
Analysis of OKX’s $505M Non-Compliance Settlement with the DOJ The recent settlement between OKX, a global crypto exchange, and the U.S. Department of Justice (DOJ) marks a significant event in the cryptocurrency sector. OKX has agreed to pay $505 million in penalties after pleading guilty to operating an unlicensed money-transmitting business in violation of U.S….