OKX Announces Termination of Accounts Linked to Tornado Cash to Uphold Compliance
Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
In a move to bolster financial integrity and ensure compliance with international sanctions, OKX CEO Star Xu has announced that the exchange will terminate any accounts found interacting with Tornado Cash.
This decision reflects growing concerns over Tornado Cash, a decentralized mixing service known for obscuring cryptocurrency transaction origins and destinations.
While valued by privacy advocates, Tornado Cash has been increasingly associated with illicit activities, including the laundering of stolen funds.
被制裁的人无法在okx成功开户。
对于已经开户成功用户：
1. 从被制裁的主体比如 Garantex和 Tornado cash充值到okx
2. 从okx提币去被制裁的主体
都会触发合规风控，导致被清退账户。
制裁和普通人很遥远，大部分人完全不需要担心。 https://t.co/MTJ7OtQRny
Xu’s announcement highlights OKX’s commitment to adhering to applicable sanctions policies, including those imposed by the US. “We are required to comply with applicable sanctions policies, including US sanctions,” Xu stated.
Under the new policy, accounts depositing funds from sanctioned entities such as Garantex and Tornado Cash or attempting to withdraw to these entities will face account closures. He emphasized that those sanctioned would be unable to open an account at OKX.
Xu reassured that such sanctions are distant from ordinary users, who should not be overly concerned about these measures.
#okx #urgent
ALL @okx EXCHANGE USERS ARE AT RISK
Since 2019, I have been a partner of the OKX exchange, recommended it to you and actively used it myself.
Until today, it worked honestly and stably.
But today, I regret to admit that the exchange policy and all the…
