Saturday , 18 January 2025
Home Cryptocurrency BitMEX Broke the Bank Secrecy Act: Pleads Guilty
Cryptocurrency

BitMEX Broke the Bank Secrecy Act: Pleads Guilty

Key Takeaways  BitMEX admitted to violating the BSA.  Lacked proper KYC/AML programs from 2015 to 2020.  Allowed anonymous trading, leading to money laundering.  Executives previously pleaded guilty to similar charges.  Misled a foreign bank to open a shell company account.  […]

The post BitMEX Broke the Bank Secrecy Act: Pleads Guilty appeared first on Coinbackyard.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Crypto Comeback: VC Investments Soar 46% in Q4 2024

In Q4 2024, venture capital (VC) firms invested $3.5 billion into crypto...

Bitcoin Price Forecast Of $150,000 ‘Too Low’ Amid Rising Adoption, Crypto Trader Says

As Bitcoin (BTC) surges past $100,000 once again, edging closer to a...

These 5 altcoins are set to outshine Bitcoin’s rally

Analyzing 5 altcoins with the potential to outshine Bitcoin’s recent rally. #partnercontent

Dogecoin Price Confirms Bullish Pennant Breakout, Can DOGE Break $1 In The Coming Days?

The Dogecoin price is showing signs of a rally following a confirmed...