OKX Chief Legal Officer Mauricio Beugelmans has left the cryptocurrency exchange according to his LinkedIn profile.

Beugelmans, who has been instrumental in shaping OKX’s global compliance policy, says on his profile that his tenure lasted for three years and eight months at the exchange, from August 2021 to March 2025.

Just last month, OKX paid over $ 500 million in sanctions and lost fees in a settlement with the US Ministry of Justice stating that the company had relieved more than $ 5 billion in “suspicious transactions and criminal cases.”

A source familiar with the case said Beugelmans’ exit was related to the recent DOJ settlement.

OKCOIN, the US branch of OKX, also received a subpoena issued by the Commodity Futures Trading Commission (CFTC) on February 24 last year. The subpoena referred to “certain persons dealing with fraud and other illegal behavior with regard to digital asset transactions.”

Neither OKX nor Beugelans responded to requests for comment after pressing time.