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.
Samuel Reed, along with Arthur Hayes, Benjamin Delo, and Greg Dwyer, are accused of knowingly operating a BTC trading platform that had a lax anti-money laundering program and failed to conduct basic KYC checks.
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.