The former New York Governor, OKX, advised more than $ 505 million in the investigation: Report

According to Cryptocurrency Exchang Okx, former New York Governor Andrew Como, to advise him on the federal investigation that led to the company’s adoption of guilt in many violations and approval to pay 505 million dollars of fines and penalties.

Komo, a New York registered lawyer, has advised OKX on legal cases caused by the investigation at some time after August 2021 when he resigned while New York Overnor, Bloomberg. I mentioned On April 2, quoting people familiar with this issue.

“He spoke with the company’s executives regularly and advised them about how to respond to the criminal investigation,” Bloomberg said.

The company, which is based in Syshel, has pledged guilty to operate a company that is not devoted to transferring money in a violation of the anti -money laundering laws on February 24 and agreed to pay $ 84 million of sanctions with a loss of $ 421 million of fees gained from most institutional customers.

Violations occurred from 2018 to 2024, although Oxx has an official policy that prevents the United States from dealing with encryption exchange since 2017, as the Ministry of Justice noted at that time.

A spokesman for Komo, Rich Azobardi, Bloomberg said that Komo provides special legal services that represent individuals and companies in a variety of matters since her resignation as a ruler in New York.

“Customers did not appear in front of New York City or a government agency and routinely recommend a former colleagues in positions,” Azobardi added.

According to what was reported, OKX was not ready to comment on its relations with foreign companies.

Komo also on OKX to determine executive dates: Bloomberg

Bloomberg said Komo, who is now running for the post of New York City mayor, has also advised to appoint his friend, American lawyer, Linda Lakwell, to the Board of Directors of OKX.

LaceWell, the former supervisor of the Ministry of Financial Services in New York, was added to the Board of Directors in 2024 and was appointed the new OKX legal director on April 1, According to To show the last company.

Related to: New York Bill aims to protect encryption investors from Memecoin Rug withdrawal

After the end of the investigation, OKX said it would search for a compliance consultant to treat issues resulting from the federal investigation and strengthen the organizational compliance program.

“Our vision is to make OKX the golden standard for global compliance on a large scale across different markets and their organizational bodies,” OKX CEO star He said On February 24.

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