AUX Cayes Fintech Co. LTD, a subsidiary of OKX Exchange, to solve the investigation by the United States of Justice (doj). According to what was reported, the company paid $ 84 million as fees and agreed to confiscate the largest assets to settle the investigation.
OKX US Doj Probe now one in many
It is worth noting that the investigation of the company depends on its operations as an unlicensed money transmission device in the United States, along with fines of $ 84 million. AUX Cayes also agreed to confiscate a fee of $ 421 million.
Before this settlement, OKCOIN, the United States Department of Trading Platform, received a summons from the CFTC Trading Committee (CFTC) on February 24, 2024. According to reports, the summons detailed the activities of the exchange -related people to participate in fraud.
This settlement is one of the basic codes that approach the Donald Trump administration. As mentioned earlier by Coingape, Securities and Stock Exchange Committee (SEC) She closed her case with Robinhood After the problem of notifying Wales last year.
This is a developing story, please check again for updates !!!
Godfrey Benjamin
Benjamin Jodfrey is a blockchain lover and journalists who enjoy writing about the real life applications of Blockchain technology and innovations to pay public acceptance and complementarity all over the world for emerging technology. His desires to educate people about encrypted currencies inspire his contributions to the media and the famous Blockchain sites. Benjamin Jodfrey is a fan of sports and agriculture. Follow it xfor LinkedIn
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
partner: