Former BitMEX CEO Arthur Hayes Sentenced to 2 Years Probation

2 years ago

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Cheyenne Ligon is simply a CoinDesk quality newsman with a absorption connected crypto regularisation and policy. She has nary important crypto holdings.

Former BitMEX CEO Arthur Hayes was sentenced to 2 years probation, with location detention for six months with determination monitoring successful a national courthouse successful New York connected Friday. Hayed had plead guilty successful February to charges that helium willfully failed to instrumentality an anti-money laundering (AML) programme astatine the exchange.

Hayes and his BitMEX co-founders, Samuel Reed and Ben Delo, arsenic good arsenic the company’s archetypal employee, Gregory Dwyer, were initially charged successful Oct. 2020 with 1 number each of violating the Bank Secrecy Act (BSA), and different of conspiring to bash so.

Hayes, a U.S. national and longtime nonmigratory of Singapore, surrendered to U.S. authorities successful Hawaii past April, successful a woody brokered betwixt his lawyers and national prosecutors. He was released connected a $10 cardinal enslaved secured by $1 cardinal successful currency and co-signed by his mother.

This is simply a processing communicative and volition beryllium updated.

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CoinDesk - Unknown

Cheyenne Ligon is simply a CoinDesk quality newsman with a absorption connected crypto regularisation and policy. She has nary important crypto holdings.

CoinDesk - Unknown

Cheyenne Ligon is simply a CoinDesk quality newsman with a absorption connected crypto regularisation and policy. She has nary important crypto holdings.


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