Krutika Adani
The Seychelles-based crypto giant is rolling out its exchange and wallet in the U.S., starting with a phased launch and a new HQ in California.
Roshan Robert, formerly of Morgan Stanley and Barclays, will lead the expansion as OKX eyes a full-scale nationwide launch later in 2025.
OKX paid $500M to settle claims of illegally serving U.S. users. The deal included $84M in penalties and $421M in forfeited revenue.
Despite banning U.S. users, DOJ said OKX encouraged false information to bypass restrictions. OKX denies customer harm allegations.
With Trump-era crypto optimism building, OKX is betting big on America, aiming to become the go-to Super App for digital assets.