U.S. prosecutors have filed criminal charges citing four founders and managers of the BitMEX cryptocurrency exchange of neglecting to take adequate steps to prevent money laundering.
According to the U.S. Department of Justice and the Commodity Futures Trading Commission (CFTC), Arthur Hayes — along with co-founders Ben Delo and Samuel Reed — are involved in running an unregistered trading platform as well as breaking CFTC rules such as anti-money laundering and know-your-customer regulations.
The Department of Justice registered criminal charges against Hayes, Delo, Reed and BitMEX head of business development Greg Dwyer with breaking the Bank Secrecy Act. According to the DOJ press release, Reed was held in Massachusetts on Thursday morning “and will be presented in federal court there.”
The 40-page CFTC charge also mentions various companies such as HDR Global Trading Limited, BitMEX’s ancestor company, as well as 100x Holdings Limited, ABS Global Trading Limited, Shine Effort Inc Limited and HDR Global Services (Bermuda) Limited as defendants.
It is super easy to buy Bitcoin. Just take a look at our exchange comparison!
Trading Bitcoin is too complicated?
We highly recommend our Crypto-Starter-Kit to you!
Or are you looking for the current Bitcoin Price in USD? Look no further!
Bitcoin Price, Ethereum Price, Ripple Price
Follow us on Social Media and subscribe to our free crypto newsletter!
@Telegram
@Instagram
@Twitter
@TikTok
@Facebook
Diskutiere mit uns!
This post may contain promotional links that help us fund the site. When you click on the links, we receive a commission - but the prices do not change for you! :)
Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.
Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future.
You might also like
More from Cryptocurrency Exchanges
Bitfinex To Launch Trading For Beacon Chain Staked Ethereum 2.0 Tokens
Bitfinex - the major centralized exchange and principal Tether USDT issuer announced on Jan 20 that it will initiate trading …
How to Register on Bybit
Bybit is a cryptocurrency exchange platform that offers futures trading and it's one of the biggest exchanges by trading volume. …
VISA Partners with Ethereum Startup USDC
Major payments card company Visa today declared that it is joining hands with the U.S. Dollar Coin (USDC).
