Cryptocurrency Exchange OKX Appoints Linda Lacewell as Chief Legal Officer
Lacewell joined the exchange as a board member last year, having previously served as superintendent and commissioner of the New York City Department of Financial Services.
Author: Jamie Crowley | Edited by : Parikshit Mishra Updated: April 1, 2025, 3:18 PM Published: April 1, 2025, 12:28 PM
What you should know:
- OKX has appointed Linda Lacewell as chief legal officer following the departure of Mauricio Beigelmans.
- CoinDesk previously reported that Beigelmans' departure was due to the exchange being fined over $500 million by the US Department of Justice.
OKX has appointed Linda Lacewell as chief legal officer (CLO) following the departure of Mauricio Beigelmans.
Lacewell joined the cryptocurrency exchange as a board member last year, having previously served as the superintendent and commissioner of the New York City Department of Financial Services, according to an announcement made Tuesday.
“Her leadership coincides with an important time as we enter key markets such as Europe and the UAE,” OKX said.
The announcement came a day after CoinDesk reported that Lacewell's predecessor, Mauricio Beigelmans, had left OKX, with his departure tied to the exchange paying more than $500 million in fines to the U.S. Department of Justice (DOJ), according to a source familiar with the matter.
The US Department of Justice said OKX facilitated more than $5 billion in “suspicious transactions and criminal proceeds.”
Beigelmans told CoinDesk in an email that he left OKX to pursue other projects in the crypto industry.
UPDATE (April 1, 15:18 UTC): Added Beigelmans' comment to last paragraph.
