OKX’s Global Compliance Chief Left After Six Months

The global chief compliance officer and head of anti-money laundering efforts for OKX, Patrick Donegan, left his role at the second-largest cryptocurrency exchange after just six months in the job, according to his LinkedIn profile. Donegan managed a team of 300 people around the world, joined OKX in August 2023 and left in January 2024, his profile states. Crypto exchanges are coming under pressure to get their houses in order when it comes to things like combating money laundering. Donegan was previously chief compliance officer and senior vice president at the once crypto-friendly Signature Bank.

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