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Utah Department of Financial Institutions · UT

Fraud Alert

July 17, 2023

Summary

The Utah Department of Financial Institutions has issued a fraud alert regarding unauthorized and manipulated licensure documents for an entity named 'okx cloud community'. This entity is not authorized to conduct money transmission services in Utah, despite claims made on its website.

Fraud Alert

The Utah Department of Financial Institutions has received notice that there is a website that has posted manipulated and unauthorized images of a Utah Money Transmitter license and cover letter for a company called: “okx cloud community”.

The fraudulent documents indicate that this entity is authorized to engage in Money Transmission until December 31, 2023. This is NOT true and this company is NOT authorized to engage in the activity of Money Transmission in Utah.

If you have any questions or concerns, please contact our department directly:
dfi@utah.gov
801-538-8830

Source: https://dfi.utah.gov/resources/news/

Common questions

What does "Fraud Alert" cover?
The Utah Department of Financial Institutions has issued a fraud alert regarding unauthorized and manipulated licensure documents for an entity named 'okx…
Which agency issued this update?
This update was issued by Utah Department of Financial Institutions.
When was it published?
It was published on July 17, 2023.

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