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Breaking: OKX Pays $84 Million to Settle US DOJ Probe

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Summary
Nutrition label

61% Informative

Aux Cayes FinTech Co. Ltd , a subsidiary of OKX Exchange , has resolved a probe from the US Department of Justice .

The firm reportedly paid $84 million in fees and agreed to a bigger asset forfeiture to settle the probe.

OKCoin, the United States division of the trading platform, received a subpoena from the Commodity Futures Trading Commission ( CFTC ) on February 24, 2024 .

VR Score

32

Informative language

15

Neutral language

50

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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