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 ...

The U.S. Department of Justice noted that BitMEX violated the Bank Secrecy Act by “willfully failing” to establish US AML rules.

BitMEX has been fined $100 million for failing anti-money laundering laws and KYC procedures, with founders pleading guilty ...

Bitcoin derivatives exchange BitMEX has been fined an additional $100 million for violations of the Bank Secrecy Act. US ...

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 ...

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 ...

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 ...

BitMEX, a Seychelles-registered crypto exchange, was fined $100 million in connection with a previously entered guilty plea ...

Prosecutors accused BitMEX and founders Benjamin Delo, Arthur Hayes and Samuel Reed of willfully violating the Bank Secrecy Act between 2015 and 2020 by failing to adopt anti-money laundering and ...