OKX global compliance chief resigned, Wu said: OKX has adjusted the US compliance department to the highest priority

This site (120BtC.coM): According to his LinkedIn profile, OKX Global Compliance Officer and Head of Anti-Money Laundering Patrick Donegan has resigned after a short term of 6 months.

The size of OKX’s global compliance team reaches 300 people. Patrick Donegan joined OKX in August 2023 and left in January 2024.

Patrick Donegan previously served as Chief Compliance Officer and Senior Vice President of Signature Bank for nearly 8 years.

##Patrick Donegan's qualifications

Wu said: OKX US compliance department adjusted to "highest priority"

According to Wu said block Lian reported that OKX has recently adjusted its compliance department located in the United States to be the highest priority among all departments, and all businesses have this as the highest priority.

He pointed out that the founder of OKX also often travels to the United States. OKX’s recent announcement of delisting USDT in Europe has also attracted industry attention.

OKX founder Xu Mingxing previously stated in this news that the platform still retains the USDT/EUR currency pair. This is mainly to allow liquidity to be concentrated, and users can still buy and sell on OTC. Withdraw, exchange and other operations.

He emphasized that OKX still strongly supports USDT and believes that USDT is a major contributor to the crypto ecosystem.

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