OKX Says Accounts Interacting With Tornado Cash Will Be Closed

OKX Says Accounts Interacting With Tornado Cash Will Be Closed

In a post on social media, the CEO stated that any Okx accounts receiving deposits from sanctioned entities, including Garantex and Tornado Cash, will trigger compliance risk control, ultimately leading to account closure

According to the CEO of the cryptocurrency exchange Okx, users are now barred from interacting with Tornado Cash and Garantex. In a post on social media, the CEO stated that 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.

Read More