Chainalysis Removes BitMEX From The High Risk Exchange Category

Less than a year after Chainalysis placed BitMEX into its "high risk" cryptocurrency exchanges zone, the company has reversed its decision. The analytics company has conducted an internal review of the derivatives exchanges, which has strived to improve its AML compliance lately. – BitMEX faced extreme scrutiny last year when most of its executives at the time, including Arthur Hayes, Benjamin Delo, and Samuel Reed, were indicted by the US government with accusations of operating a derivatives exchange without the proper licensing. – While they left their positions at the trading platform and were arrested months later, the consequences on…