News Snapshot:
The Commodity Futures Trading Commission, or CFTC, has charged cryptocurrency derivatives exchange Bitcoin Mercantile Exchange or BitMEX for illegally operating an unregistered trading platform and for violating the anti-money laundering regulations. A civil enforcement action was filed in the U.S. District Court for the Southern District of New York charging five entities and three individuals that own and operate the BitMEX trading platform in violation of multiple CFTC regulations. This case is brought in connection with the Division of Enforcement's Digital Asset and Bank Secrecy Act Task Forces. The regulator has charged Arthur Hayes, Ben Delo, and Samuel Reed, who...
