According to online reports, according to official OKX information, OKX's Seychelles subsidiary reached a settlement with an investigation by the U.S. Department of Justice today, admitting that due to historical deficiencies in compliance controls, a small number of U.S. customers once traded on the company's global platform. Under the settlement, OKX agreed to pay $84 million in fines and forgo approximately $421 million in revenue it earned from U.S. customers during the period, the majority of which came from a small number of institutional customers. In the settlement, there were no allegations of customer damage, no charges were filed against any company employees, and no government supervisors were appointed. OKX said it will strengthen the customer identification (KYC) system and customer risk rating (CRR) system, expand the enhanced due diligence (EDD) program, deploy industry-leading anti-money laundering (AML) and sanctions tools, and has formed a team of more than 150 professional investigation teams.