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OKX Settles U.S. DOJ Charges, Pays Over $500M Penalty and Forfeiture

An OKX subsidiary said it resolved a U.S. DOJ investigation.Updated Feb 24, 2025, 9:33 p.m. UTCPublished Feb 24, 2025, 9:23 p.m. UTCOKX, one of the largest cryptocurrency exchanges, settled with U.S. authorities over failing to obtain a license to operate as a money transmitter, the exchange announced Monday.Aux Cayes FinTech Co. Ltd., an OKX affiliate, is the specific party that settled with the U.S. Department of Justice, paying over $500 million in penalties and forfeited fees, a press rele...

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