The U.S. Government vs. Black Crypto Billionaire Arthur Hayes: 7 Things To Know

Crypto-billionaire and former BitMEX CEO Arthur Hayes was living large until the Feds swooped in claiming he was skirting U.S. financial laws by operating in the "shadows of the financial market". The African American banker-turned-maverick was living in Asia but surrendered in April 2021 to U.S. authorities in Hawaii to face charges that he had failed to take steps to prevent his pioneering cryptocurrency exchange from being used for money laundering. Hayes, a former equities trader for Citigroup Inc. in Hong Kong, co-founded the Seychelles-based BitMEX in 2014. His co-founders included Benjamin Delo, an Oxford-educated computer scientist who previously developed…