<ul><li>Crypto exchange OKX has enlisted former New York Governor Andrew Cuomo as a legal advisor amid its $505 million federal settlement with U.S. authorities.</li><li>Cuomo began advising OKX following his resignation from the governorship in August 2021, providing counsel on navigating the federal investigation.</li><li>OKX pleaded guilty to operating an unlicensed money-transmitting business and agreed to pay $505 million in settlement, including $84 million in civil penalties and $421 million in forfeited fees.</li><li>OKX faces regulatory pressure, leading to the suspension of its decentralized finance (DeFi) services and a compliance upgrade.</li></ul>

OKX Crypto Exchange Hires Former NY Governor Andrew Cuomo Amid $505M Federal Settlement

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