Trump Grants Pardons to BitMEX Co-Founders: A Controversial Move in the Cryptocurrency World
2 months ago
In a surprising political maneuver, former President Donald Trump has issued pardons to the co-founders of the cryptocurrency exchange BitMEX—Arthur Hayes, Benjamin Delo, and Samuel Reed. This decision has sparked a considerable debate within both legal and financial circles, particularly due to the platform's involvement in significant regulatory issues.
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BitMEX Hit with $100 Million Fine for Breaching US Bank Secrecy Regulations
4 months ago
In a significant legal development, BitMEX, one of the leading cryptocurrency exchanges, has been ordered to pay a hefty $100 million fine due to violations of the US Bank Secrecy Act (BSA). This ruling comes after investigations revealed that the firm failed to implement adequate anti-money laundering (AML) measures, jeopardizing the integrity of the financial system.
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