why is bitmex not allowed in us

Last Updated on March 8, 2024 by Paganoto

BitMEX Forbidden For US Traders? – Bitcoin Trading Sites

BitMEX Forbidden For US Traders? – Bitcoin Trading Sites

BitMEX has recently been indicted by US prosecutors. The prosecutors suspect the Bitcoin Mercantile Exchange of having circumvented US anti-money laundering laws. In addition, the BitMEX management is alleged to have violated the US law on banking secrecy, as they haven't had KYC before 2020.

Restricted Jurisdiction Policy for Crypto Trading – BitMEX

Restricted Jurisdiction Policy for Crypto Trading – BitMEX

BitMEX does not provide Services to: US Persons (including, but not limited to, US Citizens and US Residents) nor to natural or legal persons located in, …

US Persons FAQs – BitMEX Support

US Persons FAQs – BitMEX Support

As you will note from our Terms of Service we do not allow US citizens onto the platform. Though all active users must successfully complete KYC checks whic …

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– …

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 …

How to Use BitMEX in USA in 2022 – VPNBrains

How to Use BitMEX in USA in 2022 – VPNBrains

Unfortunately, since Bitmex is not authorized by the Commodities Futures Trading Commission (CFTC), you cannot access BitMEX to trade or buy …

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 …

How to Access BitMEX in the US with a VPN

How to Access BitMEX in the US with a VPN

If you’re in the United States, you won’t be able to use BitMEX. In 2015, the cryptocurrency exchange and derivative trading platform enforced a ban on US …

How traders flouted BitMEX's US trading ban – Yahoo Finance

How traders flouted BitMEX's US trading ban – Yahoo Finance

The Seychelles-based BitMEX, whose lack of KYC restrictions has made it fiercely popular, began blocking North American traders from its …

How to use BitMEX in the USA? 2022 – CoinCodeCap

How to use BitMEX in the USA? 2022 – CoinCodeCap

Since the USA has strict regulatory measures in crypto trading, the USA traders cannot usually … BitMEX Warning: US customers not allowed.