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OKX will pay $505 million to settle US DOJ claims

The platform agreed to pay a $505 million fine in connection with its affiliated company Aux Cayes, which violated US anti-money laundering laws. As a result, the company will be able to continue its operations

OKX emphasized that there were no accusations of harm to clients, and the issue only affected a small number of US users

The platform will also continue working with a compliance consultant

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