PANews reported on January 16 that according to an announcement issued by the Southern District of the U.S. Department of Justice, the cryptocurrency exchange BitMEX was fined $100 million for violating the Bank Secrecy Act (BSA). BitMEX was accused of failing to establish and implement anti-money laundering (AML) and customer identification (KYC) programs, and deliberately circumventing U.S. laws to gain profits. Its founders and executives had previously pleaded guilty, the company pleaded guilty in July 2024, and was sentenced to a fine and two years of probation on January 15, 2025.
Crypto exchange BitMEX fined $100 million by the U.S. Department of Justice for violating bank secrecy laws
- 2025-04-06
HashKey Eco Labs CEO Kay announced the brand upgrade of HashKey Chain: the preferred public chain for building finance and RWA
- 2025-04-06
Analyst: 91,900 BTC withdrawn from exchanges in the past month
- 2025-04-06
BitMEX co-founder Arthur Hayes reminds the community to beware of the possibility of another "Black Monday" in the US stock market next week
- 2025-04-06
A dormant wallet for 8 years transferred 11,104 ETH worth $19.97 million
- 2025-04-06
ZachXBT: Coinbase locked its account twice for no reason in the past month
- 2025-04-06
PA Daily | Trump hints at “deliberately” causing a stock market crash; Phaver ceases operations, token price drops 99% since TGE