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BitMEX
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
According to the Commodity Futures Trading Commission (CFTC), the three co-founders of BitMEX have been ordered to pay $30 million for operating an illegal cryptocurrency derivatives platform and violating money-laundering rules. “The Hash” group discusses BitMEX’s role in the early stages of the crypto space and how newer exchanges like Coinbase and Binance have dealt with regulatory tensions.

US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
Co-founders Arthur Hayes, Benjamin Delo and Samuel Reed must each pay $10 million, the CFTC said.

US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
Arthur Hayes, Benjamin Delo and Samuel Reed will each pay $10 million for their role operating BitMEX.

Ex-BitMEX CEO Hayes Asks for No Jail Time, Ability to Travel Freely: Report
Lawyers for Arthur Hayes argued he was unlikely to be a repeat offender and included a letter of support from his mother.

Crypto Exchange BitMEX Lays Off 75 Workers
The global job cuts will impact about 25% of the company's workforce and come after plans by a company founded by BitMEX executives to buy a German bank fell through in March.

Post-Merge Ether Will Be a Commodity-Linked Bond, Could Rally to $10K, BitMEX Co-Founder Says
The post-Merge bond-like appeal and ESG-compliant label would make ether more attractive than other layer 1 cryptocurrencies, according to BitMEX co-founder Arthur Hayes.

BitMEX CEO, CFO's Bid for German Bank Fails: Report
The deal, which was expected to complete later this year, was called off by a mutual agreement, according to reports.

Final BitMEX Co-Founder Pleads Guilty to US Violations
Samuel Reed will pay a $10 million fine for violating anti-money laundering rules.

Crypto Exchange BitMEX Airdrops 1.5M BMEX Tokens to Users
The tokens allow users to get trading discounts and other benefits on using BitMEX.

BitMEX CEO, CFO to Buy One of Germany's Oldest Banks
Bankhaus von der Heydt was formed in 1754 and became one of the first regulated institutions in Germany to offer digital asset services.
