For example, I advised NY Guv Andrew Cuomo OKX amid federal investigation

Former ruler Andrew Komo presented a lawyer for the exchange of cryptocurrency, because he is going through a federal investigation.

After step down from his post, Komo advised the exchange as he faced auditing from the FBI and the US Prosecutor’s Office for the southern region of New York, and reports from Bloomberg.

Goff. Andrew Cuomo Comsto Aide OKX

In February, OKX acknowledged that he was guilty of violating anti -money laundering laws and agreed to pay more than $ 500 million of fines. The investigation focused on the company’s failure to obtain a suitable license to work as a money sender, a case that the stock exchange confessed in a statement on the settlement. The company also highlighted that the case did not include any customer damage, and users associated with the investigation of the statute no longer.

Komo, who is currently running for the post of New York City mayor, is said to have regular discussions with OKX executives and gave advice on how to deal with a criminal investigation. Moreover, Cuomo recommended an Exchang program on Linda LaceWell, the former supervisor of the Ministry of Financial Services in New York, to join the company’s board of directors. On Monday, OKX LACEWELL was appointed as a new legal chief, a move that has been raised about X.

A spokeswoman for the OKX commented on the appointment of LaceWell, while highlighting her regulatory experience and contributions to the company’s board of directors since 2024. The spokeswoman explained that this position puts it in a major role in leading the global legal strategy of the company.

Komo, whose spokesperson has confirmed in legal work since leaving his post, refrained from commenting on the customer’s specific issues. The spokesman explained that Komo did not represent customers before New York City or state agencies and regularly recommends former colleagues in positions.

Also read: OKX warning cases from the “BOM” malware linked to theft

Written by Rito Lavania

Ritu Lavania is a multi -use Web3 content creator with more than three years experience in the encryption space. It is part of the team in Cryptonewsz, where you write insightful and attractive content. She also contributed to Thecryptotimes and Coin Edition, where her work was well received by the encryption community. Maher in research, creative writing, senior economic officials, and job cooperation, creating content specifically designed for a varied audience. Population of education, devotes time to teaching children and expressing themselves through poetry. It always yearns for learning, constantly exploring new trends in Blockchain origin and digital assets. It strongly believes in telling stories to make complex encryption themes easier and attractive to readers all over the world.