Cryptocurrency executive faces extradition to face US money laundering charges


Source: royalgazette.com royalgazette.com

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Cryptocurrency executive faces extradition to face US money laundering charges An Australian cryptocurrency mogul living in Bermuda is facing extradition to the US to face money laundering charges. Magistrates’ Court heard yesterday that Gregory Dwyer, a senior employee for the cryptocurrency derivative exchange platform BitMEX, had been charged on October 1 last year with violating the US Bank Secrecy Act and conspiring to violate the Bank Secrecy Act. The Act requires financial institutions to assist the US Government in combating money laundering schemes. The District Court for the Southern District of New York requested that Mr Dwyer who is 38...