Russia blocks OKX website for allegedly unreliable financial information: report

The website of cryptocurrency exchange OKX was blocked in Russia by state-owned media monitoring service Roskomnadzor on October 4. The agency told TASS news agency that the website was blocked due to “a request from the Prosecutor General’s Office to disseminate unreliable and socially important information.” Information of a financial nature. ”

Roskomnadzor told local news outlet RBC that OKX had “published information relating to the activities of the financial pyramid and the provision of financial services by persons not entitled to provide them” under Russian law. The website is blocked in Russia, but you can freely access it via VPN.

According to another local report, an administrator of the OKX Russian Discord channel said, “We do not recommend using a VPN when accessing OKX. from,” he said.

Founded in China and now based in the Seychelles, OKX has failed to comply with Western sanctions against Russia. It recently reportedly failed to comply with South Korean authorities’ demands to freeze accounts attributed to Terraform Labs co-founder Do Kwon, who is known for Manchester City’s football and auto racing sponsorship.

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Similar website blocking has occurred before and has been successfully contested in Russian courts. Binance was blocked in Russia from September 2020 to January 2021, when a district court overturned Roskomnadzor’s ruling. Russia blocked six crypto news websites in 2020, but at least one of the sites, Bits.media, remained on the agency’s blacklist, but was blocked a week later by a district court decision. I was able to remove it.

Roskomnadzor was blocked in 2019 after Cointelegraph was on the blocked list for two years.