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Thursday

22 April 2021

Former BitMEX CEO Surrenders, to Face Trial in US - Decrypt

Former BitMEX CEO Surrenders, to Face Trial in US - Decrypt


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Arthur Hayes, who served as CEO of BitMEX up until he was charged in October with conspiracy to evade money laundering regulations, has surrendered to US authorities to face trial, according to a Bloomberg report.

"As a result of its failure to implement [anti-money laundering] and [know-your-customer] programs, BitMEX made itself available as a vehicle for money laundering and sanctions violations," the October indictment reads.

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