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Cryptorank

OKX CEO Star Xu Slams Huione Group After $15B DOJ Crackdown


by Chayanika Deka
for CryptoPotato
OKX CEO Star Xu Slams Huione Group After $15B DOJ Crackdown

OKX founder and CEO Star Xu has condemned the controversial Cambodian financial conglomerate, Huione Group, and said the entity has “caused serious damage in the crypto space” while stressing that the exchange maintains strict compliance controls to prevent any association with it.

Xu’s statement came shortly after an enforcement action led by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN) on October 14, in coordination with the UK’s Foreign, Commonwealth, and Development Office (FCDO).

Read the article at CryptoPotato

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OKX Expands Standard Chartered Custody Partnership to Europe for Safer Institutional Trading

OKX Expands Standard Chartered Custody Partnership to Europe for Safer Institutional Trading

OKX expanded its custody partnership with Standard Chartered to Europe, offering bank...
OKX and Standard Chartered Bring Crypto Custody to the European Market

OKX and Standard Chartered Bring Crypto Custody to the European Market

OKX has expanded its partnership with Standard Chartered into the European Economic A...

OKX CEO Star Xu Slams Huione Group After $15B DOJ Crackdown


by Chayanika Deka
for CryptoPotato
OKX CEO Star Xu Slams Huione Group After $15B DOJ Crackdown

OKX founder and CEO Star Xu has condemned the controversial Cambodian financial conglomerate, Huione Group, and said the entity has “caused serious damage in the crypto space” while stressing that the exchange maintains strict compliance controls to prevent any association with it.

Xu’s statement came shortly after an enforcement action led by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN) on October 14, in coordination with the UK’s Foreign, Commonwealth, and Development Office (FCDO).

Read the article at CryptoPotato

Read More

OKX Expands Standard Chartered Custody Partnership to Europe for Safer Institutional Trading

OKX Expands Standard Chartered Custody Partnership to Europe for Safer Institutional Trading

OKX expanded its custody partnership with Standard Chartered to Europe, offering bank...
OKX and Standard Chartered Bring Crypto Custody to the European Market

OKX and Standard Chartered Bring Crypto Custody to the European Market

OKX has expanded its partnership with Standard Chartered into the European Economic A...