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Okx Says Accounts Interacting With Tornado Cash Will Be Closed

source-logo  news.bitcoin.com 10 August 2024 04:38, UTC

According to the CEO of the cryptocurrency exchange Okx, users are now barred from account interacting with Tornado Cash and Garantex. In a post on social media, the CEO said any Okx accounts receiving deposits from sanctioned entities, including Garantex and Tornado Cash, will trigger compliance risk control, ultimately leading to account closure. Similarly, any Okx user withdrawing funds to these entities will face the same fate. However, the CEO assured users that these measures only apply to a minority of them, and the rest of Okx users need not worry.

news.bitcoin.com