OKX has appointed Linda Lacewell as its new chief authorized officer (CLO) after the departure of Mauricio Beugelmans.
Lacewell joined the crypto alternate as a board member final yr having beforehand served as Superintendent and head of the New York Division of Monetary Providers, according to an announcement on Tuesday.
“Her management comes at a pivotal time as we increase into key markets comparable to Europe and U.A.E,” OKX stated.
The announcement comes the day after CoinDesk reported that Lacewell’s predecessor Mauricio Beugelmans had left OKX, along with his departure related to the exchange’s penalties of over $500 million paid to the U.S. Division of Justice (DOJ), in response to a supply aware of the matter.
The DOJ acknowledged that OKX had facilitated greater than $5 billion in “suspicious transactions and felony proceeds.”
Add comment