CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Moralis Money
CoinDesk 2025-03-31 15:06:32

OKX Chief Legal Officer Mauricio Beugelmans Leaves the Exchange

OKX chief legal officer Mauricio Beugelmans has left the cryptocurrency exchange, according to his Linkedin profile. Beugelmans, who has been instrumental in shaping OKX’s global compliance policy, states on his profile that his tenure lasted three years and eight months at the exchange, from August 2021 to March 2025. Just last month, OKX paid over $500 million in penalties and forfeited fees in a settlement with the U.S. Department of Justice which stated that the company had facilitated more than $5 billion in “suspicious transactions and criminal proceeds.” A source familiar with the matter said Beugelmans’ exit was related to the recent DOJ settlement. OKcoin, the American division of OKX, also received a subpoena issued by the Commodity Futures Trading Commission (CFTC) on Feb. 24 last year. The subpoena referred to “certain persons engaged in fraud and other unlawful conduct with respect to digital asset transactions.” Neither OKX nor Beugelmans responded to requests for comment by press time.

https://www.digistore24.com/redir/325658/ceobig/
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.