Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Tanimariya on April 07, 2021, 02:14:28 PM
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After appearing before a judge, Arthur Hayes was released on $10 million bond pending court proceedings in New York, Bloomberg reported.
Former BitMEX CEO Arthur Hayes surrendered to U.S. authorities in Hawaii to face charges he failed to take proper steps to safeguard the cryptocurrency exchange he co-founded from being used for money laundering, according to a published report.
Hayes surrendered six months after prosecutors in New York accused him and his BitMEX co-founders of conspiring to get past U.S. laws requiring the implementation of money-laundering controls, Bloomberg said in its report.
Source Link
(https://www.coindesk.com/former-bitmex-ceo-hayes-surrenders-to-face-us-charges-report)