Search
Bitmex Co-Founder Arthur Hayes Avoids Prison for Violating US Bank Secrecy Act
23.5.2022
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 detention and two years of probation.” Hayes has agreed to pay a fine of $10 million. Bitmex’s Arthur...
Arthur Hayes to serve 2-year probation owning up to BitMEX’s AML mishap
21.5.2022
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
BitMEX Co-founder Arthur Hayes Spared from Prison
21.5.2022
In the US, BitMEX co-founder and former CEO Arthur Hayes was sentenced to two years’ probation and will spend the first six months of his sentence in home confinement.
As reported, Hayes and two other BitMEX co-founders Benjamin Delo and Samuel Reed, pled guilty to violating the Bank Secrecy...
Former BitMEX CEO Arthur Hayes Sentenced to 2 Years Probation
20.5.2022
Hayes pleaded guilty to one count of violating the Bank Secrecy Act (BSA) in February, and faced a sentence of up to 12 months in prison
Former BitMEX CEO Arthur Hayes Faces 6 to 12 Months in Jail at Sentencing Hearing Friday
19.5.2022
After Terra's Collapse, Cryptoverse Reflects on ‘Ponzi-like Assets’, Role of VCs, and 'Ignorant' Crypto People
13.5.2022
It’s time for some self-reflection in the crypto community after the spectacular collapse of the terraUSD (UST) stablecoin and the entire Terra (LUNA) ecosystem.
A debate about what crypto investing should be like, how crypto projects are promoted and whether ‘bitcoin-only’ is the best strategy...
Nomura's Bitcoin OTC, Prosecutors vs. Arthur Hayes, Tether's Reserves + More News
13.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______...
Read More: Nomura's Bitcoin OTC, Prosecutors vs. Arthur Hayes, Tether's Reserves + More News
US Court Fines Bitmex’s Founders $30 Million for Operating Illegal Crypto Platform
7.5.2022
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 must pay $10 million each. Bitmex’s Founders Fined $30 Million...
Ex-BitMEX Chief Arthur Hayes Wants Court to Excuse Him Jail Time
5.5.2022
The co-founder and ex-CEO of the BitMEX crypto exchange Arthur Hayes has asked a court not to give him jail time for failing to create an anti-money-laundering network on the platform – and has claimed that he will not repeat his crimes. Hayes has also sought permission to live abroad and travel...
As Bitcoin Keeps Tanking, Arthur Hayes Joins Chorus of USD 1m BTC Predictors and Warns of 'The Doom Loop'
27.4.2022
With the price of bitcoin (BTC) falling lower, former BitMEX CEO Arthur Hayes is joining the ranks of the most bullish bitcoin proponents, with a USD 1m price prediction as part of what he calls “the doom loop” that started with sanctioning Russia over its invasion of Ukraine.
“The shock...
Bitmex Co-Founder Arthur Hayes Says Bitcoin Could Drop to $30K Amid a Stock Market Rout
11.4.2022
The co-founder and former CEO of Bitmex, Arthur Hayes, has published a new blog post concerning the current state of cryptocurrency markets. Hayes says currently there’s an inability to recognize the cyclical nature of markets and the “inconvenient truth” that is crypto is...
Hayes Says He Aims to Rebalance Portfolio in Favor of Ethereum, Sets New Price Target for ETH
1.4.2022
Former BitMEX CEO Arthur Hayes hinted he may rebalance his investments away from bitcoin (BTC) and in favor of Ethereum’s native ETH token, arguing “a massive wall of money” will enter ETH once it is seen as an ESG-friendly, yield-bearing asset to push its price north of USD 10,000.
Writing...
Co-Founder of Bitmex Predicts Gold Rising to $10K, Bitcoin Marching to $1 Million
18.3.2022
On March 16, Arthur Hayes, the co-founder of the cryptocurrency exchange Bitmex, published a blog post called “Energy Cancelled,” which describes the economics behind the ongoing Russia-Ukraine war. Hayes explains in his 26-minute long opinion piece that historians may point...
Freezing Russian Reserve Assets Marks End of Monetary Regime; Gold, Bitcoin to Rise – Arthur Hayes
17.3.2022
The world’s current monetary regime effectively ended with the freezing of Russian foreign reserves by Western governments on February 26. In the new era, central banks will no longer save reserves in Western fiat currencies -- instead, turning to gold and bitcoin (BTC) as their preferred...
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.
__________
...
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
JPMorgan Lowers Its Bitcoin Fair Price Estimate to $38K Amidst Volatility
29.1.2022
Leading investment bank JPMorgan has changed its view on the estimate of bitcoin’s price on a long-term basis. The institution had estimated a long-term price of $146K back in November when bitcoin was over $60K. One of the most important reasons for this change has to do with the increased...
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...