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The Daily Hodl 2022-08-10 18:45:56

Former BitMEX Executive Faces Up to Five Years in Prison After Pleading Guilty to Violating Bank Secrecy Act

A high-ranking BitMEX employee is pleading guilty to violating the US’s Banking Secrecy Act, the latest in a series of legal setbacks for the embattled crypto exchange. In his plea, Gregory Dwyer admitted to “willfully failing to establish, implement, and maintain an anti-money laundering program at BitMEX,” according to a new press release from the […]The post Former BitMEX Executive Faces Up to Five Years in Prison After Pleading Guilty to Violating Bank Secrecy Act appeared first on The Daily Hodl.

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