[…] OKX operator Aux Cayes FinTech admitted to violating AML laws and will pay over $504 million in fines, per the U.S. Department of Justice. For over seven years, OKX failed to enforce AML policies, allowing $5 billion in suspicious transactions. Despite KYC requirements, employees allegedly helped users bypass them. OKX cited “legacy compliance gaps” and stated U.S. users are no longer on the platform. Meanwhile, cases against crypto firms like Robinhood and Coinbase have been dismissed. (Source) […]