OKX flags Huione Group and implements strict AML controls
Cryptocurrency exchange OKX announced strict anti-money laundering controls on transactions involving Huione Group following U.S. Treasury sanctions against the entity. OKX founder and CEO Star Xu stated that Huione Group "has caused serious damage in the crypto space" and the exchange "enforces strict controls related to it." The action follows October 14 designations by OFAC [...]