The restructuring of main authorized and compliance roles at cryptocurrency alternate OKX continues with the departure of the agency’s world common counsel, Melissa Muehlfeld.
Muehlfeld joined OKcoin, the U.S. arm of OKX, again in Might of 2022 as deputy common counsel. She was promoted to world common counsel in August 2024.
Since OKX paid half a billion {dollars} to settle costs with the U.S. Division of Justice (DoJ) in February of this 12 months, the alternate has changed some prime authorized and compliance workers, together with chief authorized officer Mauricio Beugelmans, and head of compliance Vanessa Zhang.
OKX appointed the previous superintendent and head of the New York Division of Monetary Companies (NYDFS), Linda Lacewell, as its chief authorized officer (CLO) after Beugelmans’ departure.
Lacewell is claimed to be restructuring the agency’s authorized and compliance divisions, in accordance with a supply aware of the state of affairs.
“As a matter of firm coverage, we don’t touch upon all people who be a part of and/or depart the corporate,” an OKX spokesman mentioned by way of electronic mail.
Muehlfeld didn’t reply to requests for remark.
