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BitMEX Co-Founder, Samuel Reed, Pleads Guilty in Federal Court
10.3.2022
Samuel Reed, 32, the final co-founder of the cryptocurrency exchange, BitMEX, has pleaded guilty on Wednesday. in the District Court of the US in New York’s Southern District for violating the BSA (Bank of Secrecy Act) by willingly failing to implement, maintain and establish the anti-money...
Final BitMEX Co-Founder Pleads Guilty to U.S. Violations
9.3.2022
Samuel Reed will pay a $10 million fine for violating anti-money laundering rules and also faces a maximum sentence of five years in prison
First Mover Asia: BitMEX Saga Concludes, but We'll Never Know if DOJ Overreached; Cryptos Tumble as Russia Bores Into Ukraine
28.2.2022
The guilty plea of the founders of the crypto trading platform avoided a trial; bitcoin dropped below $37,500 on Sunday after Russian President Vladimir Putin placed his nuclear forces on alert
Crypto Exchange Bitmex’s Founders Plead Guilty to Bank Secrecy Act Violations
26.2.2022
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...
State Street's 'Mega' Crypto Plan, Hayes Pleads Guilty, Flexpool's Message to Russia, Pulled NFT Sale + More news
25.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: State Street's 'Mega' Crypto Plan, Hayes Pleads Guilty, Flexpool's Message to Russia, Pulled NFT Sale + More news
BitMEX founders plead guilty to Bank Secrecy Act violations
25.2.2022
Arthur Hayes and Benjamin Delo will each have to pay a fine for their part in flouting the Bank Secrecy Act and operating what the DOJ called a “money laundering platform.”
BitMEX Founders Arthur Hayes, Ben Delo Plead Guilty to Violating US Law
24.2.2022
The Thursday announcement stems from a late-2020 enforcement action
As Inflation Is Here to Stay, Bitcoin, Ethereum, and Gold Investors Will Win, But Brace for Volatility - BitMEX
23.2.2022
The US Federal Reserve (Fed) aims to get inflation down with its interest rate hikes this year. Longer-term, however, inflation might still remain as the winner, with bets on bitcoin (BTC), ethereum (ETH), and gold expected to pay off. But until then, volatility could flush out even the most...
Demand for High-Yield Crypto Savings Products to Surge, BitMEX Predicts
18.2.2022
Demand for savings products that yield far higher returns than what can be achieved in traditional markets is expected to surge, as more people realize that inflation is eating away at their savings, crypto derivatives exchange BitMEX has said in a new report....
Read More: Demand for High-Yield...
17 Crypto Firms Form a Market Integrity Coalition Aimed at Bolstering a Sensibly-Regulated Industry
7.2.2022
On February 7, 2022, a group of 17 digital asset companies revealed they formed an organization called the Crypto Market Integrity Coalition (CMIC). The well-known firms include crypto companies like Coinbase, Circle Internet Financial, Huobi Tech, Bitmex, Cryptocompare, and Solidus Labs. The newly...
BitMEX Airdrops BMEX 1.5M to Traders, Reveals Litepaper
31.1.2022
Crypto exchange BitMEX has airdropped BMEX 1.5m to its new and existing users. It also unveiled the BMEX Token Litepaper prior to the airdrop, outlining the roadmap for the token.
In terms of distribution of the utility token, 5% of the token’s supply will be allocated to airdrop and launches...
Arthur Hayes’ ‘Coconut Bribery Comment' Blocked by Judge
21.1.2022
A US District Judge blocked prosecutors from presenting the so-called “coconut comment” during the criminal trial of BitMEX Co-founder Arthur Hayes and other crypto exchange executives.
The government will not be able to use this argument during the trial in March, District Judge John Koeltl...
Bitmex Acquiring German Bank to Create ‘Regulated Crypto Powerhouse’ in Europe
19.1.2022
Crypto exchange Bitmex is acquiring a German bank to create “a regulated crypto powerhouse.” The company plans to establish “a one-stop shop for regulated crypto products in Germany, Austria, and Switzerland.” Bitmex Plans to Become a Regulated Crypto Powerhouse...
BitMEX execs reveal EU expansion with German bank acquisition
18.1.2022
Founded by BitMEX execs, the BXM Operations plans to expand operations in Europe through the acquisition of the German bank Bankhaus von der Heydt
BitMEX to Acquire German Bank as It Plans One-Stop Crypto Shop in DACH Region
18.1.2022
BXM Operations AG, a company set up by executives of crypto exchange platform BitMEX, plans to purchase German bank Bankhaus von der Heydt as the BitMEX group aims to establish a one-stop-shop for regulated crypto products in the DACH region (Germany, Austria, and Switzerland)....
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Bitcoin, Ethereum Fund Outflows Slow, Solana Remains Favorite + More News
17.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin, Ethereum Fund Outflows Slow, Solana Remains Favorite + More News
Near Raises USD 150M, Pakistan's Central Bank vs. Crypto, Bitstamp's Growth Plan + More News
13.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Near Raises USD 150M, Pakistan's Central Bank vs. Crypto, Bitstamp's Growth Plan + More News
Banks Launch Stablecoin Consortium, Crypto Regulatory Discussion in Hong Kong + More News
12.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Banks Launch Stablecoin Consortium, Crypto Regulatory Discussion in Hong Kong + More News
Crypto Paradigm Enters Citadel, JPMorgan Clients on Bitcoin Price + More News
11.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Crypto Paradigm Enters Citadel, JPMorgan Clients on Bitcoin Price + More News
Aave's Permissioned DeFi Arc, Polymarket Stays, P2E Drones in Metaverse + More News
5.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Aave's Permissioned DeFi Arc, Polymarket Stays, P2E Drones in Metaverse + More News