Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

Compliance, Compliance News, US

BitMEX co-founder sentenced to probation for US compliance charges

By Alisha Houlihan for AMLi

Co-founder of cryptocurrency derivatives exchange BitMEX, Benjamin Delo, was sentenced to 30 months of probation for violating federal anti-money-laundering laws.

As part of an agreement with prosecutors and the US Commodity Futures Trading Commission, Mr Delo also agreed to pay a $10M (€9.5M) fine.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!