Dubai's Virtual Assets Regulatory Authority fines Open Exchange and its founders $2.7 million for market offense

08/16 17:00

Dubai's Virtual Assets Regulatory Authority (VARA) has fined Open Exchange (OPNX) $2.7 million for a market offense under new regulations introduced earlier this year. The founders of OPNX, including Su Zhu and Kyle Davies, were also fined $54,000 each.

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