Crypto exchange BitMEX has pleaded guilty to violating the Bank Secrecy Act (BSA) from 2015 to 2020.
BitMEX called the latest charge old news, saying it relates to actions pre-Sep 2020, but they accepted the BSA violation.
BitMEX, a leading cryptocurrency exchange based in the Seychelles, has pleaded guilty to breaching the Bank Secrecy Act (BSA) between 2015 and 2020, as announced by the U.S. Department of Justice (DOJ) on Wednesday.
Court documents reveal that BitMEX intentionally failed to implement a know-your-customer (KYC) and anti-money laundering (AML) framework during this period. The Commodity Futures Trading Commission (CFTC) accused the exchange in September 2020 of providing illicit crypto derivative trading services to U.S. customers. Concurrently, the DOJ charged four BitMEX employees with BSA violations.
The DOJ asserted that BitMEX permitted customers to trade cryptocurrencies anonymously until September 2020 without requiring any form of identification. T
We współpracy z: https://thenewscrypto.com/bitmex-pleads-guilty-to-bsa-violations-over-five-year-period/
