BitMEX Co-Founders Hit with $30 Million Fine for Operating Illegal

BitMEX co-founders, including Arthur Hayes, to pay $30 Million

Court Fines BitMEX Founders $30 Million for CFTC Charges

On

On, the Commodities Futures Trading Commission (CFTC) announced that the U.S. District Court for the Southern District of New York (SDNY) has issued a consent order against

Court orders BitMEX founders to pay $30M civil penalty

The three co-founders of BitMEX crypto derivatives exchange have been ordered to pay $10 million each in consent payments for violations of American laws and

On Thursday

BitMEX Co-Founders Slapped with $30 Million Fine

The three co-founders are required to pay a total of $30 million civil monetary penalty for their actions. The orders require each to pay a $10 million civil monetary penalty, and also enjoin Hayes, Delo, and Reed from further violations of the Commodity Exchange Act (CEA) and

On Thursday, The U.S. District Court for the Southern District of New York penalized the co-founders of cryptocurrency exchange platform BitMEX Arthur Hayes

A federal judge has fined

Federal Court Orders BitMEX’s Three Co-Founders to Pay a Total

BitMEX founders ordered to pay $30M fine as ex-CEO

A federal judge has fined BitMEX founders Arthur Hayes, Benjamin Delo, and Samuel Reed $30 million after the trio pled guilty to CFTC charges.