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

BitMEX Co-Founders Slapped with $30 Million Fine

Court orders BitMEX founders to pay $30M civil penalty

On Thursday

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

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

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

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 Fines BitMEX Founders $30 Million for CFTC Charges

The Three Co

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

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

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