News Snapshot:
NEW YORK (BLOOMBERG) - One of the founders of pioneering crypto-derivatives exchange BitMEX surrendered to authorities to face charges that he schemed to avoid US anti-money laundering laws. Benjamin Delo, who traveled to New York from the UK, was arraigned before US Magistrate Judge Sarah L. Cave during a remote proceeding on Monday (March 15). He pleaded not guilty and was released on a US$20 million (S$26.9 million) bail bond. The terms of his bail allow him to return to the UK. An Oxford-educated computer scientist who previously created high-frequency trading systems for JPMorgan Chase & Co, Delo founded BitMEX...
