BitMEX co-founders Arthur Hayes and Benjamin Delo pleaded guilty to violating AML rules – Bits Media

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Сооснователи BitMEX Артур Хейс и Бенджамин Дело признали вину в нарушении правил AML - Bits Media

Co-founders of the BitMEX cryptocurrency exchange Arthur Hayes and Benjamin Delo pleaded guilty to using the platform for money laundering and agreed to pay a fine of $10 million.

In October 2020 US Commodity Futures Trading Commission (CFTC) accused BitMEX CEO Arthur Hayes (Arthur Hayes), exchange co-founder Benjamin Delo (Benjamin work) and other trading platform executives in illegal conduct of business in the United States, as well as in violation of KYC and AML rules.

According to a statement from the Ministry of Justice, BitMEX illegally served American clients from September 2015 years to September 2020 of the year. The exchange also served users from Iran, despite sanctions from the Office of Foreign Assets Control (I DO IT) in relation to this country.

The U.S. Attorney's Office for the Southern District of New York recently reported, that Hayes and Delo pleaded guilty to willfully violating the Bank Secrecy Act and failing to comply with anti-money laundering regulations. Им грозит тюремное заключение сроком до пяти лет, однако местные СМИ сообщают, что Хейс и Дело могут быть приговорены к сроку от 6 to 12 months. Каждый из них согласился выплатить штраф на сумму $10 млн за получение материальной выгоды в результате правонарушения.

У Хейса и Дело также будет возможность добиться смягчения приговора на слушании, when they appear before U.S. District Judge John J.. Költlem (John G. Koeltl). Expected, that the trial of former BitMEX executives will take place in March this year. Other defendants: exchange technical director Samuel Reed (Samuel Reed) and Head of Business Development Gregory Dwyer (Gregory Dwyer) - due to appear in court at the end of the year.

“Now exchanges have become one of the key players, which must ensure honesty, transparency and security of US markets. However, instead, Hayes and Delo created the company, which ignored its obligations to eradicate crime and corruption. The Department of Justice will continue to prosecute violators, using cryptocurrencies for money laundering", – said US Attorney Damian Williams (Damian Williams).

Recall, that in August last year BitMEX announced a settlement of claims from the CFTC and the US Financial Crimes Enforcement Network (FinCEN), paying compensation in the amount $100 million.