Arthur Hayes of Bitmex Indicted

arthur hayes bitmex

Arthur Hayes and other Bitmex executives have been indicted for violating the Bank Secrecy Act said the Attorney’s Office for the Southern District of New York. Arthur Hayes, Benjamin Delo, Samuel Reed, and Gregory Dwyer were charged for willfully failing to establish, implement, and maintain an adequate anti-money laundering (“AML”) program. The Acting Manhattan U.S. Attorney Audrey Strauss said Bitmex has not met its obligations to drive out crime and corruption. He added: “As alleged, these defendants flouted that obligation and undertook to operate a purportedly ‘off-shore’ crypto exchange while willfully failing to implement and maintain even basic anti-money laundering policies. In so doing, they allegedly allowed BitMEX to operate as a platform in the shadows of the financial markets. Today’s indictment is another push by this Office and our partners at the FBI to bring platforms for money laundering into the light.” FBI Assistant Director William F. Sweeney Jr…

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