In 2025, BitMEX itself pleaded guilty to violating the Bank Secrecy Act and was fined $100 million. This is a developing story.

Prosecutors had accused BitMEX and founders Delo, Hayes and Reed of willfully violating the Bank Secrecy Act between 2015 and 2020 by failing to adopt anti-money-laundering and "know your customer" ...

The co-founders – Arthur Hayes, Benjamin Delo, Samuel Reed and Gregory Dwyer – previously pleaded guilty in 2022 to one count each of violating the Bank Secrecy Act for flouting money laundering rules ...

In what may be an American first, President Donald Trump pardoned a company sentenced to $100 million in fines for breaking ...

Trump issued the pardons on Thursday, more than three months after BitMEX was sentenced to pay a fine of $100 million for violating the Bank Secrecy Act by failing to establish and maintain anti ...

Prosecutors had accused BitMEX and founders Delo, Hayes and Reed of willfully violating the Bank Secrecy Act between 2015 and 2020 by failing to adopt anti-money-laundering and "know your customer ...

BitMEX was fined $100 million in January for violating the Bank Secrecy Act by willfully failing to establish, implement, and maintain an adequate anti-money laundering and know-your-customer program.

President Donald Trump granted pardons to three co-founders of the BitMEX global cryptocurrency exchange, as well as to a former high-ranking employee of the company, CNBC has learned. The ...

(This March 28 story has been corrected to say that the co-founders failed to implement a Bank Secrecy Act-compliant anti-money laundering program, not violating the Bank Secrecy Act, in paragraph ...