Last Updated on May 28, 2023 by Paganoto
US Court Orders BitMEX Founders to Pay $30M for Illegal …
US Court Orders BitMEX Founders to Pay $30M for Illegal …
A federal judge ordered the three co-founders of BitMEX to pay a total of $30 million for operating an illegal cryptocurrency derivatives platform and violating money-laundering rules, the Commodity Futures Trading Commission (CFTC) said in a statement on Thursday.May 5, 2022
Federal Court Orders BitMEX to Pay $100 Million for Illegally …
Federal Court Orders BitMEX to Pay $100 Million for Illegally …
The order further finds that BitMEX violated CFTC regulations by failing to implement a Customer Information Program (CIP) and Know-Your– …
BitMEX to pay US regulators US$100 million to settle claims of …
BitMEX to pay US regulators US$100 million to settle claims of …
The CFTC concluded that from November 2014 to October 2020, BitMEX had violated the US Commodity Exchange Act by operating as a futures …
BitMEX Settles With U.S. Government For $100 Million
BitMEX Settles With U.S. Government For $100 Million
The Order states that from November 2014 to October 2020, BitMEX had violated the US Commodity Exchange Act by operating as a futures commission …
Restricted Jurisdiction Policy for Crypto Trading – BitMEX
Restricted Jurisdiction Policy for Crypto Trading – BitMEX
This means that if you are currently located in one of these jurisdictions, you are prohibited from opening an Account or using the BitMEX platform. Russian …
BitMEX Forbidden For US Traders? – Bitcoin Trading Sites
BitMEX Forbidden For US Traders? – Bitcoin Trading Sites
BitMEX Had To Ban US Customers For Good … For the reasons mentioned above, BitMEX must generally exclude traders from the USA. Therefore, this notice is clearly …
Founders Of Cryptocurrency Exchange Plead Guilty To Bank …
Founders Of Cryptocurrency Exchange Plead Guilty To Bank …
As a result of its willful failure to implement AML and KYC programs, BitMEX was in effect a money laundering platform. For example, in May 2018 …
Third Founder Of Cryptocurrency Exchange Pleads Guilty To …
Third Founder Of Cryptocurrency Exchange Pleads Guilty To …
REED failed to institute AML or KYC programs at BitMEX despite closely following U.S. regulatory developments that made clear his legal …
Crypto Exchange BitMex To Pay $100 Million To Settle Claims …
Crypto Exchange BitMex To Pay $100 Million To Settle Claims …
In its complaint filed last October, the CFTC alleged BitMex and its three cofounders operated the exchange from the U.S. for at least six years …
BitMEX Co-Founder Sentenced to Probation on U.S. …
BitMEX Co-Founder Sentenced to Probation on U.S. …
Prosecutors said Mr. Delo and other BitMEX founders willfully defied U.S. law by failing to set up know-your-customer procedures at Seychelles– …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.