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

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

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

The three co

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

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

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

A federal judge has fined

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

Court orders BitMEX founders to pay $30M civil penalty

BitMEX Co-Founders Slapped with $30 Million Fine

The three co

Court Fines BitMEX Founders $30 Million for CFTC Charges

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

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