Operator of OKX crypto exchange enters guilty plea, to pay more than $504 million, US says
ReutersFeb 24, 2025 9:38 PM
Feb 24 (Reuters) - The operator of the OKX cryptocurrency exchange pleaded guilty on Monday to violating U.S. anti-money laundering laws by operating an unlicensed money transmitting business, and agreed to pay more than $504 million in penalties, federal prosecutors said.
Aux Cayes Fintech Co, a Seychelles-based entity, entered the plea before U.S. District Judge Katherine Polk Failla in Manhattan, prosecutors said.
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