The CEO of the cryptocurrency exchange Okx announced that users are now prohibited from engaging with Tornado Cash and Garantex through their accounts. In a social media update, the CEO emphasized that any accounts on Okx that receive deposits from sanctioned entities, such as Garantex and Tornado Cash, will activate compliance risk control, which may result in account termination. Likewise, Okx users attempting to withdraw funds to these entities will encounter the same consequences. However, the CEO reassured the majority of Okx users that these restrictions will only impact a small fraction of the user base, and the rest need not be concerned.
