BitMEX exec Greg Dwyer trial delayed until October 2022
Greg Dwyer has been charged alongside BitMEX founders Arthur Hayes, Ben Delo, and Samuel Reed, who have already surrendered to U.S. authorities and stand to face up to five years behind bars.
Latest Bank Secrecy Act News
Could Taproot’s ‘privacy’ features make BTC illegal?
The Taproot “upgrade” moves BTC even further away from the original 2009 Bitcoin protocol and enables participants in a contract to hide not only their identities, but their public keys as well.
Crypto toddlers throw tantrum as US threatens to impose adult supervision
America appears determined to bring an end to the digital currency sector’s ‘wild west’ phase, signalling a fundamental realignment with serious implications for the current market leaders.
BitMEX co-founder Ben Delo surrenders in US, released on $20M bail
Under the terms of the bond, Ben Delo can travel back to the United Kingdom and return to the United States only when called upon by the court.
Massive anti-money laundering reform suggests busy year for US regulators
The United States has passed huge reforms to its anti-money laundering regime, bringing digital asset exchanges and others dealing in digital assets further within the reach of regulators.
US feds propose changes to recognize digital currencies as money
The proposed rules include redefining ‘money’ to include digital currencies and lowering the transaction data-gathering threshold for cross-border financial transactions.
BitMEX founders indicted on criminal charges, sued by US regulator
Prosecutors announced that they have indicted BitMEX’s founders for violating the Bank Secrecy Act in failing to implement required AML measures.
Crypto firms must comply with AML laws, FinCEN chief warns
It doesn’t matter whether you are a stablecoin, decentralized or centralized, you must comply with AML laws, the FinCEN chief insists.