BitMEX former executive pleads guilty to violating the Bank Secrecy Act
Cointelegraph
Published Aug 09, 2022 04:26AM ET
Updated Aug 09, 2022 06:00AM ET
Another top executive joins three co-founders of the crypto exchange BitMEX, pleading guilty in the United States District Court for the Southern District of New York. The court case under the headline "U.S. v. Hayes et al." goes on for two years, with BitMEX management being indicted for violating the U.S. Bank Secrecy Act.
According to the Wall Street Journal, on Aug. 8, a one-time head of business development at BitMEX, Gregory Dwyer, admitted his guilt of violating the Bank Secrecy Act in court. As part of a plea deal, Dwyer would pay a $150,000 fine.
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Written By: Cointelegraph
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