Bitmex’s Chief Executive Officer Arthur Hayes speaks during unanimous: Investment Program in New York, US, on Tuesday, November 28, 2017.
Michael Nagle | Bloomberg | Getty images
chairman Donald Trump Three co-founders of forgiveness Bitmex For the Global Cryptocurrency Exchange, as well as a former high -ranked employee of the company, CNBC has learned.
Co-founder, CEO of former Bitmex Arthur Hayes, Benjamin dello And Samuel ReidAnd former head of business development Gregory dwire, The first bank was convicted for a count for violating the Security Act, which is related to failure to maintain money-laundering and knows your-grading programs.
The founders obtained criminal sentences of separate length probation and ordered a civil fine of $ 30 million related to a lawsuit. Commodity Futures Trading Commission,
Dwire, who was sentenced to 18 months probation, agreed to pay $ 150,000 in the fine.
Prosecutors effectively accused Bitmex of operating as a “money laundering platform” and that its alleged return from the US market was “a sham”.
Trump issued Parden on Thursday, more than three months after Bitmex Sentenced to pay a fine of $ 100 million To violate the bank secrecy act by failing to establish and maintain money-laundering and to know your-class programs.
Hayes wrote in a tweet on Friday, “Thank you Potus,” using the word “President of the United States”.
Dello said in a statement, “The US Department of Justice wrongly targeted Bitmex and its co-founders.”
Dello said, “This complete and unconditional forgiveness by President Trump is a sign of the situation that we have always placed-Bitmex, my co-founder and me should not have been accused with a criminal offense through a vague, archaic law,” said Dello.
“As the most successful crypto exchange of its kind, we were wrongly designed to work as an example, sacrificed for political reasons and used to send inconsistent regulatory signals.”
Delo said, “I am honestly thankful to the President that I and my co-founders to give this forgiveness,” said Dello. “A legal wrong is corrected today and despite the crisis I am in the last few years, I have cleared my name and to be able to continue my life and philanthropic work without a baseless belief.”
Hayes, Dello and Reid founded Bitmex in 2014. The prosecutors said that the officials knew that the exchange needed to implement an anti-mani laundering plan as it served us the customers “but chose to reduce those requirements, only it is necessary that the customer should provide an email address to use BITMEX services.”
“In fact, senior officials knew that customers living in the US continued to use the trading platform of Bitmex about at least or 2018, and nominal policies to prevent such trade were overfined or easily overred, which was easily overred, which is the US market through the US market to meet the Us of Us Markets to meet the bottom levels of the bitmaxes through the American market. Is about
Former Bitmex’s former Chief Operating Officer and Chief Strategy Officer Dello was sentenced to 30 months probation after a petition in the US district court in Manhattan.
Hayes was sentenced to six months of domestic imprisonment, followed by two years of probation.
Reid, who is a former Chief Technology Officer of the exchange, was sentenced to 18 months probation.
Trevor multoN., the founder and former CEO of electric truck manufacturer Nicola revealed on Thursday night that Trump had forgiven him for his criminal punishment for security fraud. Milton was sentenced to four years in jail in that case, but remained independent on the appeal.
