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Matthew Goldstein, Olivia Bensimon
02/24/2025 12:00:00 AM

okx, a cryptocurrency trading firm, pleaded guilty in U.S. District Court for operating as an unlicensed money transmitter, agreeing to pay $504 million in penalties.

Crime & Law Crypto Trader OKX Pleads Guilty to Running Illegal U.S. Operation
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An offshore cryptocurrency trading company that pleaded guilty to operating unlicensed in the U.S.

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Acting U.S. attorney commenting on okx's violations of anti-money laundering laws.