US prosecutors seek 12-month probation for BitMEX employee
Former BitMEX worker Greg Dwyer was slapped with a 12-month probation for failing to set up an AML program in collaboration with his bosses, making the firm a money laundering platform.
Former BitMEX worker Greg Dwyer was slapped with a 12-month probation for failing to set up an AML program in collaboration with his bosses, making the firm a money laundering platform.
A New York federal court has ordered the co-founders of BitMEX exchange to pay $30 million in civil monetary penalty in connection with charges of violating the U.S. Bank Secrecy Act.
Arthur Hayes and Benjamin Delo, co-founders of the BitMEX cryptocurrency exchange, have pled guilty to using their platform as a means of dodging U.S. money laundering rules.
BitMEX and its founders are facing a growing wave of legal action over what prosecutors and plaintiffs call a wholesale scheme to manipulate digital asset markets at the expense of its own customers.
BitMEX and its trio of founders Arthur Hayes, Benjamin Delo and Samuel Reed are facing yet another RICO lawsuit in California, as shown by newly-filed court documents.