Cuomo Advised Crypto Exchange OKX on Its Response to US Probe
- NYC mayoral hopeful began consulting firm after leaving Albany
- Firm pleaded guilty this year to operating illegally in the US
Andrew Cuomo advised OKX on policy matters and how to best deal with the investigation.
Photographer: Tierney L. Cross/BloombergThis article is for subscribers only.
New York mayoral candidate Andrew Cuomo worked as a paid adviser to an offshore cryptocurrency exchange as it dealt with a federal investigation before it pleaded guilty to operating illegally in the US, according to two people familiar with the matter.
Cuomo advised OKX, an exchange based in the Seychelles, on policy matters and how to best deal with the investigation, which was conducted by the FBI and prosecutors from the Southern District of New York, said the people, who requested anonymity to discuss sensitive matters. The work was done after Cuomo resigned as the governor of New York amid a scandal in 2021.