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Crypto Exchange Bitmex’s Founders Plead Guilty to Bank Secrecy Act Violations – Regulation Bitcoin News

The founders of cryptocurrency derivatives exchange Bitmex, Arthur Hayes and Benjamin Delo, have pled guilty to violations of the U.S. Bank Secrecy Act. “As a result of its willful failure to implement AML and KYC programs, Bitmex was in effect a money-laundering platform,” said the U.S. Department of Justice. Bitmex’s Founders

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BitMEX founders plead guilty to Bank Secrecy Act violations

The founders of crypto exchange BitMEX have pled guilty to violating the Bank Secrecy Act after a lengthy litigation process with the U.S. Department of Justice (DOJ).American Arthur Hayes and British Hong Konger Benjamin Delo admitted to “willfully failing to establish, implement, and maintain an anti-money laundering (AML) program” at

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BuzzFeed backlash after ‘doxxing’ of Bored Ape Yacht Club founders

American Internet media and entertainment company Buzzfeed has revealed the identities of two of the four original Bored Ape Yacht Club (BAYC) NFT collection founders “Gordon Goner” and “Gargamel” as being Greg Solano and Wylie Aronow in real life. Journalist Kate Notopoulos authored the Feb. 4 article, which was entitled

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$75M Blockchain Founders Fund II backs portfolio of P2E and Web3 projects

Singapore-based Blockchain Founders Fund has launched a new venture capital fund to support emerging projects in the cryptocurrency, metaverse and Web3 sectors, offering further evidence that investors are still keen to back major growth trends in the digital asset market. Blockchain Founders Fund II, also known as BFF II, has raised

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