BitMEX was fined $100 million for violating the U.S. Bank Secrecy Act from 2015 to 2020. The Justice Department originally sought a $417 million penalty.

NEW YORK (Reuters) – The cryptocurrency exchange BitMEX has been fined $100 million for deliberately ignoring U.S. anti-money laundering laws in order to boost revenue, the U.S. Department of Justice ...

NEW YORK (Reuters) – The cryptocurrency exchange BitMEX has been fined $100 million for violating the federal Bank Secrecy Act by failing to adequately police money laundering, the U.S. Department of ...

The U.S. Department of Justice noted that BitMEX violated the Bank Secrecy Act by “willfully failing” to establish US AML rules.

Crypto Exchange BitMEX Fined $100 Million for Anti-Money-Laundering Failures Federal prosecutors said BitMEX flouted the rules while doing business with U.S. customers. David Smagalla ...

Reported by The Block: BitMEX has been slapped with an additional $100 million fine for Bank Secrecy Act violations between 2015 and 2020. The overseas exchange had pleaded guilty to these crimes in ...

The founding trio of BitMEX—Arthur Hayes, Benjamin Delo, Samuel Reed—and their first employee, Gregory Dwyer, all pleaded guilty in 2022 to violating the act, evidenced in court filings and ...

Cryptocurrency exchange BitMEX was fined $100 million for failing to maintain an adequate anti-money-laundering and know-your-customer program. The fine imposed on BitMEX on Wednesday was lower ...

30,161 people played the daily Crossword recently. Can you solve it faster than others?30,161 people played the daily Crossword recently. Can you solve it faster than others?

Pioneering cryptocurrency exchange BitMEX was ordered by a judge to pay a $100 million fine for violating US anti-money laundering law, capping one of the first big criminal enforcement cases ...