OKX Global General Counsel Is Latest Legal Exec to Leave the Exchange

The restructuring of main authorized and compliance roles in cryptocurrency Trade OKX continues with the departure of the worldwide normal counsel from the corporate, Melissa Muehlfeld.

Muehlfeld joined Okcoin in Might 2022, the American arm of OKX, as a deputy normal counselor. She was promoted to International Basic Counsel in August 2024.

Since OKX paid half a billion {dollars} in February this yr to cost prices with the US Division of Justice (DOJ), the inventory market has changed a lot of finest authorized and compliance workers, together with Chief Authorized Officer Mauricio Beugelmans and head of Compliance Vanessa Zhang.

OKX appointed the previous chief inspector and head of the New York Division of Monetary Companies (NYDFS), Linda Lacewell, as Chief Authorized Officer (CLO) after the departure of Beudelmans.

Van Lacewell is alleged to restructure the authorized and compliance distributions of the corporate, in keeping with a supply that’s conversant in the state of affairs.

“With regard to firm coverage, we don’t touch upon all individuals who develop into a member and/or depart the corporate,” mentioned a spokesperson for OKX by way of e -mail.

Muehlfeld didn’t reply to requests for feedback.