According to his LinkedIn profile, OKX’s Chief Legal Officer Mauricio Beugelmans has left the cryptocurrency exchange.
Beugelmans, who has been instrumental in shaping OKX’s global compliance policy, states in his profile that his tenure lasted three years and eight months in exchange from August 2021 to March 2025.
Last month, OKX paid more than $500 million in penalties and paid fees exempt from a settlement with the U.S. Department of Justice.
Sources familiar with the issue said the Beugelmans exit was related to the recent DOJ settlement.
In a press release last month, DOJ said OKX had driven more than $5 billion in “suspecting transactions and criminal revenue.”
Okcoin, the US division of OKX, received a subpoena issued by the Commodity Futures Trading Commission (CFTC) on February 24th last year. The subpoena referred to “specific people engaged in fraud or other illegal activities related to digital asset transactions.”
Neither Okx nor Beugelmans responded to requests for comment at each reporting time.
