US says BitMEX fined $100 million for violating Bank Secrecy Act
The cryptocurrency exchange BitMEX has been fined $100 million for violating the federal Bank Secrecy Act by failing to adequately police money laundering, the U.S. Department of Justice said on ...
cryptonews14d
BitMEX Hit With $100M Fine Over Bank Secrecy Act Violations
The U.S. Department of Justice noted that BitMEX violated the Bank Secrecy Act by “willfully failing” to establish US AML rules.
Hosted on MSN14d
US Court Slaps BitMEX With $100 Million Fine for AML Failures
BitMEX was fined $100 million for violating the U.S. Bank Secrecy Act from 2015 to 2020. The Justice Department originally sought a $417 million penalty.
JD Supra6d
The High Cost of Noncompliance: Making Sense of BitMEX’s $100 Million AML Penalty
BitMEX, a Seychelles-registered crypto exchange, was fined $100 million in connection with a previously entered guilty plea ...
CoinTelegraph15d
Judge orders BitMEX to pay $100M fine over US banking law violations
Judge John Koeltl passed down the sentence against BitMEX, roughly six months after the crypto exchange pleaded guilty to violating the US Bank Secrecy Act (BSA) by operating without “any ...
Internet of People14d
BitMEX hit with an additional penalty following its 2022 guilty plea
BitMEX has been ordered to pay an additional $100 million fine following BitMEX's guilty plea in 2022 for violating the US ...
Reuters15d
BitMEX fined $100 million by US judge for anti-money laundering violations
NEW YORK, Jan 15 (Reuters) - The cryptocurrency exchange BitMEX has been fined $100 million for deliberately ignoring U.S. anti-money laundering laws in order to boost revenue, the U.S. Department ...
Yahoo Finance14d
BitMEX Fined Additional $100 Million for Violating U.S. Bank Secrecy Act, Bringing Total Penalty to $210 Million
On Jan. 15, 2025, BitMEX, a prominent cryptocurrency exchange, was ordered to pay an additional $100 million fine for violating the U.S. Bank Secrecy Act (BSA) between 2015 and 2020. The penalty ...
DataBreachToday14d
Cryptohack Roundup: BitMEX's $100M Penalty
BitMEX fined $100M, prosecutors sought return of Bitfinex funds, Mango Markets shut, a Web3 attack method; pastor charged in crypto scam, CFPB proposed ...
Bloomberg L.P.14d
BitMEX Fined $100 Million for Violating US Bank Secrecy Act
US District Judge John Koeltl on Wednesday imposed the fine after BitMEX pleaded guilty in July to breaking the Bank Secrecy Act, which requires safeguards that include verifying customer ...
Benzinga.com14d
BitMEX Hit With $100M Fine Over Bank Secrecy Act Violations
Global crypto exchange BitMEX was slapped with a $100 million fine on Wednesday. A Manhattan federal judge confirmed that the exchange violated the Bank Secrecy Act by "willfully failing" to ...
Moneyweb14d
BitMEX fined $100m for violating US Bank Secrecy Act
US District Judge John Koeltl on Wednesday imposed the fine after BitMEX pleaded guilty in July to breaking the Bank Secrecy Act, which requires safeguards that include verifying customer ...