On October 4th, the Russian government’s Roskomnadzor agency barred access to the OKX cryptocurrency trading website.
According to the agency’s statement made to the TASS news agency, the platform was taken down due to the transmission of inaccurate socially relevant information of a financial kind.
According to a report by Roskomnadzor, OKX published material connected to the operations of financial pyramids, as well as info on the supply of financial services by individuals who do not have the authorization to give them in violation of Russian legislation.
This platform is restricted in Russia, but using a VPN, you may access it from anywhere in the world.
The administrators of the OKX Russian-language Discord channel reportedly said that they do not advocate utilizing a VPN while visiting OKX as this would trigger the risk controls and may lead to a ban of the account.
OKX, which has its roots in China but is now headquartered in Seychelles, is not complying with Western sanctions on Russia.
Notable for its support of Manchester City soccer and motor racing, it allegedly ignored a request from South Korean authorities to block accounts belonging to Terraform Labs co-founder Do Kwon.
Russian courts have already overturned such bans on access to websites.
Between September 2020 and January 2021, Binance was unavailable in the Russian Federation due to a ban imposed by the Roskomnadzor. Although it remained on the agency’s blacklist, Russia eventually unblocked at least one of the six crypto news websites it had prohibited in 2020: Bits.media.
After being on the prohibited list for two years without effect, Roskomnadzor finally blacklisted Cointelegraph in early 2019.
