News Snapshot:
Advertisement Arthur Hayes, founder and former CEO of BitMEX, finally surrendered to U.S. authorities in Hawaii to face charges that the crypto derivatives exchange and its executives violated the Bank Secrecy Act, according to a Bloomberg report. Hayes has been living in Singapore since January 2020 and was flown to Hawaii to appear before a Honolulu judge. He attended an arraignment hearing before the federal judge and was subsequently released on a $10 million bond as part of prior negotiations with the U.S. government made by Hayes’ lawyers. The ex-CEO will stand trial in New York alongside co-owner Benjamin Delo...
