April 16, 2025
Roshan Robert Appointed As CEO
The company has already opened a regional HQ in San Jose, California, and appointed former Morgan Stanley and Barclays executive Roshan Robert as U.S. CEO.
Source: OKX
“U.S. users can now access our high-performance platform,” Robert said, adding that new features will be added to the Seychelles-based crypto exchange throughout the year.
Additionally, OKCoin users will be migrated to OKX as part of a phased national launch planned for 2025.
OKX Vs. DOJ
The expansion follows a $500 million settlement with the U.S. Department of Justice. The DOJ accused OKX affiliate Aux Cayes FinTech of operating without proper licensing and enabling U.S. users to bypass restrictions.
OKX denied customer harm and said those users are no longer on the platform.
