Crypto News Today
President Donald Trump issued an amnesty for the founders of Bitmex participants Arthur Hayes, Benjamin Dello, and Samuel Reed by clearing their legal records. This decision also extends to the former coding employee Gregory Dawayer. The group had previously bought itself by recognizing guilt in 2022 to violate the banking confidentiality law due to insufficient … Read more
The Financial Intelligence Unit (FIU) in South Korea, which falls within the framework of the Financial Services Committee (FSC), has started enforcement procedures against many encrypted currency exchanges, including Kucoin and Bitmex, to work in the country without registration as virtual asset services provider (VASPS) under South Korea’s financial information law. According to local media … Read more
Federal Judge John G. Koeltl has ordered BitMEX to pay a $100 million fine, the latest development in an ongoing legal dispute involving money laundering infractions in the United States. BitMEX faces major legal setback The legal challenges for BitMEX stem from activities between 2015 and 2020, during which the exchange allegedly failed to comply … Read more