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<h2 id="header-0">Although no specifics were provided, it was claimed that the bitcoin exchange&#39;s website contained material regarding pyramid schemes; similar bans have previously been enacted.</h2>On October 4, the Russian government&#39;s official media monitoring service Roskomnadzor disabled the website of the cryptocurrency exchange OKX. The website was shut down, the agency informed the TASS news agency, &#34;at the Prosecutor General&#39;s Office&#39;s request for the publication of unreliable socially relevant financial information.&#34;According to Russian law, OKX &#34;published information linked to the activities of financial pyramids, as well as information on the provision of financial services by persons who do not have the authorization to give them,&#34; Roskomnadzor informed regional news source RBC. Despite being prohibited in Russia, the website is nevertheless readily accessible through a VPN.Admins of the OKX Russian-language Discord channel reportedly said, &#34;We do not encourage utilising a VPN when accessing OKX as this would trigger our risk controls and can result in a ban of our account,&#34; according to a different local story.The Seychelles-based OKX, which was established in China and does not adhere to Western sanctions against Russia. Known for its sponsorships of Manchester City soccer and motor racing, it reportedly recently ignored a request from South Korean authorities to freeze accounts linked to Terraform Labs co-founder Do Kwon.Prior instances of similar website blocking have been successfully contested in Russian courts. Between September 2020 and January 2021, Binance was prohibited in Russia until a regional court overturned the Roskomnadzor ruling. Six cryptocurrency news websites were restricted by Russia in 2020, but one of them, Bits.media, was able to get the restrictions lifted a week later by a district court ruling, even though it was still listed on the agency&#39;s blacklist.

Website OKX is blocked in Russia due to allegedly inaccurate financial data.

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