BitMEX co-founder Benjamin Delo avoids jail, receives 30 months probation
Delo was allowed to leave the country to travel to Hong Kong where he is a resident, bringing to a close his part in the legal saga which began in…
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Is the bottom in? Raoul Pal, Scaramucci load up, Novogratz and Hayes weigh in
Some high-profile investors have taken the recent market downturn as an opportunity to add to their crypto positions, though others warn there’s still a risk of worse to come.
If Bitcoin Breaks This Level, Expect Massive Sell-Off: Arthur Hayes
With fears of an inflationary wave sinking portfolios, investors are not only dumping bonds and trimming their equity positions but are also offloading crypto-assets. The current sentiment of pessimism is…
Ethereum at $10,000 by End of 2022 Still Possible, Reiterates Arthur Hayes
Arthur Hayes, the co-founder and former CEO of leading crypto derivatives platform BitMEX, said Terra’s failure was a byproduct of the macroeconomic environment as the Feds raised rates and tightened…
Bitmex Co-Founder Arthur Hayes Avoids Prison for Violating US Bank Secrecy Act
Bitmex co-founder Arthur Hayes is not going to prison for violating the U.S. Bank Secrecy Act. Instead, the former crypto exchange CEO has been sentenced to “six months of home…
Former BitMEX CEO Arthur Hayes Avoids Prison Time, Sentenced to 2 Years Probation
The co-founder and former CEO of the crypto derivatives platform BitMEX was sentenced to two years of probation, with the first six months to be spent in home confinement. In…
Arthur Hayes to serve 2-year probation owning up to BitMEX’s AML mishap
Despite the imminent possibility of serving jail time, proactively owning up to the allegations resulted in Hayes being sentenced to six months of house arrest and two years of probation.
Arthur Hayes Sentenced to Two Years’ Probation, Six Months House Arrest
Arthur Hayes has been sentenced to two years’ probation plus six months of home confinement for violating the U.S. Bank Secrecy Act. Hayes Sentenced A U.S. court in New York...
US Court Fines Bitmex’s Founders $30 Million for Operating Illegal Crypto Platform
The founders of Bitmex have been ordered to pay $30 million “for illegally operating a cryptocurrency derivatives trading platform and anti-money laundering violations.” Arthur Hayes, Benjamin Delo, and Samuel Reed…
Court Hits BitMEX Co-founders With $30M in Civil Monetary Penalties
The Commodity Futures Trading Commission (CFTC) on Thursday announced that the District Court for the Southern District of New York (SDNY) had issued a Consent Order against all three founders…