• Latest
  • Trending
Bitmex’s Arthur Hayes Requests Leniency, No Jail Time for Violating the US Bank Secrecy Act

Bitmex’s Arthur Hayes Requests Leniency, No Jail Time for Violating the US Bank Secrecy Act

August 19, 2022

PR NEWS WIRES – Step-by-step instructions to Compose Press Releases That Work And Get Free Exposure

November 29, 2022

PR Wires – High-level PR – Getting Your Press Release to Someone Who Cares

November 28, 2022
PR Wires – Involving a Press Release Administration as a Type of External link establishment

The One Press Release Pricing Tip You Shouldn’t Be Without

November 26, 2022
Press Release and Press Pack Fixings

Several Tips for Writing Effective Press Releases

November 25, 2022

Five Stage Manual for Power Press Release Benefits

November 25, 2022
Write a Press Release for Your Business

Startling Facts About PRWeb Pricing That You Never Knew

November 25, 2022

PR Wires – Involving a Press Release Administration as a Type of External link establishment

November 25, 2022
Must Haves in a Social Media Press Release

The Little Known Benefits of Video Press Release Service

November 24, 2022

PR Wires – The Do’s and Don’ts of Composing A Press Release

November 24, 2022
PR Wires – Making a Press Release Site With A Press Release Content

Must Haves in a Social Media Press Release

November 23, 2022

PR Wires – Making a Press Release Site With A Press Release Content

November 23, 2022

Instructions to Compose and Submit Online Press Releases Like an Expert

November 22, 2022
  • About us
  • Advertise With Us
  • Become a Contributor
  • Guest Posting Service
  • Privacy Policy
  • Submit Press Release
  • Contact
  • Terms & Conditions
Wednesday, January 25, 2023
Latest News and Updates on Cryptocurrency
  • Login
  • Home
  • Market
    • Analysis
    • Guide
  • Binance
  • Bitcoin
  • Blockchain
  • Coinbase
  • Crypto
    • Crypto Exchange
  • Ethereum
  • Finance
  • Litecoin
  • Ripple
  • Tether
No Result
View All Result
Latest News and Updates on Cryptocurrency
No Result
View All Result

Bitmex’s Arthur Hayes Requests Leniency, No Jail Time for Violating the US Bank Secrecy Act

by admin
August 19, 2022
in Crypto
394 4
0
Bitmex’s Arthur Hayes Requests Leniency, No Jail Time for Violating the US Bank Secrecy Act

Quick take:

YOU MAY ALSO LIKE

EU, US Concerned Russia May Use Crypto to Avoid Sanctions

Pantera Capital CEO: Bitcoin (BTC) Could Hit $115k after Halving

The letter to the Federal Judge went on to state:

This is a landmark case that has already had an extraordinary and well-publicized impact on Mr. Hayes’s personal life and on the BitMEX business that he co-founded.

Hayes’ request for leniency comes after he struck a plea deal with the prosecution, which would result in a six to a twelve-month prison sentence.

Regarding the latter two charges, all three had been indicted by the US Department of Justice under the US Attorney’s office of the Southern District of New York alongside a fourth defendant, Gregory Dwyer.

…the four defendants, through their company’s BitMEX crypto-currency trading platform, willfully violated the Bank Secrecy Act by evading U.S. anti-money laundering requirements.

One defendant went as far as to brag the company incorporated in a jurisdiction outside the U.S. because bribing regulators in that jurisdiction cost just ‘a coconut.’

Thanks to the diligent work of our agents, analysts, and partners with the CFTC, they will soon learn the price of their alleged crimes will not be paid with tropical fruit, but rather could result in fines, restitution, and federal prison time.

[Feature image courtesy of Fortune.com]

source

Tags: Crypto NewsCrypto WorldCryptocurrency NewsLatest Crypto NewsToday Crypto UpdateTop Cryptocurrency News
Share219Tweet137Share55

Search

No Result
View All Result

Recent News

PR NEWS WIRES – Step-by-step instructions to Compose Press Releases That Work And Get Free Exposure

November 29, 2022

PR Wires – High-level PR – Getting Your Press Release to Someone Who Cares

November 28, 2022
PR Wires – Involving a Press Release Administration as a Type of External link establishment

The One Press Release Pricing Tip You Shouldn’t Be Without

November 26, 2022
Latest News and Updates on Cryptocurrency

Get the latest news on Cryptocurrency and stay up-to-date ... Cryptocurrency prices today

Recent News

  • PR NEWS WIRES – Step-by-step instructions to Compose Press Releases That Work And Get Free Exposure
  • PR Wires – High-level PR – Getting Your Press Release to Someone Who Cares
  • The One Press Release Pricing Tip You Shouldn’t Be Without

Crypto Update

  • Crypto Exchange
  • Analysis
  • Bitcoin
  • Finance
  • Guide
  • Market
  • About
  • advertise
  • Privacy & Policy
  • Contact Us

© 2022 Cryptoandcream.com

No Result
View All Result
  • Home
  • Market
    • Analysis
    • Guide
  • Binance
  • Bitcoin
  • Blockchain
  • Coinbase
  • Crypto
    • Crypto Exchange
  • Ethereum
  • Finance
  • Litecoin
  • Ripple
  • Tether

© 2022 Cryptoandcream.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In