OKX named Linda Lacewell as his leader (CLO) after the departure of Mauricio Beugelmans.
Lacewell joined the Crypto Exchange as a member of the board of directors last year after being a superintendent and head of the New York Financial Services Department, according to an announcement.
“His leadership arrives at a pivotal moment while we are extending to key markets such as Europe and water,” said OKX.
The announcement comes the day after Coindesk that the predecessor of Lacewell, Mauricio Beugelmans, had left Okx, with his departure from the stock market penalties of more than $ 500 million paid to the United States Ministry of Justice (DoJ), according to a familiar source with the issue.
The DoJ said OKX had facilitated more than $ 5 billion in “suspicious transactions and criminal products”.
Beugelamans told Coindesk in an email he had left OKX to continue another opportunity in the cryptography industry.
Update (April 1, 15:18 UTC): Add Beugelmans’s comment to the last paragraph.
