Finance, OKX According to Beugelmans’ Linkedin profile, he spent three years and eight months on the trade.
OKX chief authorized officer Mauricio Beugelmans has left the cryptocurrency trade, in response to his Linkedin profile.
Beugelmans, who has been instrumental in shaping OKX’s world compliance coverage, states on his profile that his tenure lasted three years and eight months on the trade, from August 2021 to March 2025.
Just final month, OKX paid over $500 million in penalties and forfeited charges in a settlement with the U.S. Department of Justice which said that the corporate had facilitated greater than $5 billion in “suspicious transactions and criminal proceeds.”
A supply accustomed to the matter stated Beugelmans’ exit was associated to the latest DOJ settlement.
OKcoin, the American division of OKX, additionally obtained a subpoena issued by the Commodity Futures Trading Commission (CFTC) on Feb. 24 final yr. The subpoena referred to “certain persons engaged in fraud and other unlawful conduct with respect to digital asset transactions.”
Neither OKX nor Beugelmans responded to requests for remark by press time.
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