US Authorities File Money Laundering Charges Against BitMEX Crypto Exchange

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According to an official CFTC release, BitMEX is illegally operating a crypto derivatives platform, and ‘violating multiple CFTC regulations.’ The publication also named several entities possibly culpable. They include CEO Arthur Hayes, and BitMEX owners – Ben Delo and Samuel Reed. Others include HDR Global Trading Limited, HDR Global Services (Bermuda) Limited (BitMEX), Shine Effort Inc Limited, ABS Global Trading Limited, and 100x Holding Limited.

CFTC Chairman Heath P. Tarbert said that although digital assets hold great promise for the US economy, illicit transactions should be discouraged:

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