The latest lawsuit claims that in launching BitMEX, the defendants intentionally sidestepped mandatory financial controls and refused to implement any KYC or AML checks.
Leaked documents show that Binance has a comprehensive plan to undermine the ability of anti-money laundering and sanctioned enforcement agencies to detect illegal activity being committed.
BMA's new court filing accuses BitMEX executives of looting over $440 million from the exchange to reduce the total assets that could be seized from BitMEX.
BitMEX's executives are confident in the future of the exchange and its ability to comply with existing laws around digital currency exchanges.
BitMEX has been hit with a new lawsuit that accuses the exchange of racketeering, market manipulation, money laundering, and many other charges.
Malcom Wright brings three decades’ worth of experience in compliance and anti-money laundering practices to embattled BitMEX.
BitMEX CTO Sam Reed–who was arrested on October 1st–has been released from custody on a $5 million appearance bond secured by $500,000 cash.
“The law is coming to Bitcoin.” We’ve heard Bitcoin inventor Dr. Craig Wright say it before and now it has come to light in two separate incidents.
BitMEX CEO Arthur Hayes as well as other BitMEX executives have stepped down from their position at the exchange and its holding company.
There’s very little in the BitMEX indictments that couldn’t be said against cryptocurrency exchange Binance and its founders.
The BitMEX indictments show that a reckoning is coming for anti-regulation criminal organizations: and not just those at the top.