Mauricio Beugelmans Resigns as Chief Legal Officer of OKX

Overview

Mauricio Beugelmans has stepped down from his role as chief legal officer at OKX after a significant tenure of three years and eight months, according to his LinkedIn profile. His departure comes shortly after the company faced substantial legal scrutiny from U.S. authorities.

Key Points

Beugelmans served as chief legal officer from August 2021 to March 2025.
OKX recently settled with the U.S. Department of Justice, paying over $500 million in penalties for facilitating suspicious transactions exceeding $5 billion.
His resignation is believed to be linked to this settlement.

Context

Beugelmans played a critical role in shaping the exchange’s compliance policies on a global scale. For further details, check his LinkedIn profile.

Additional Information

Last month, OKcoin, the U.S. division of OKX, was also issued a subpoena by the Commodity Futures Trading Commission regarding involved parties in fraud related to digital asset transactions. Requests for comments from both OKX and Beugelmans went unanswered by the time of publication.

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