Judge scolds BitMEX lawsuit plaintiffs for offering him crypto ‘basics’ lessons
The judge urged the plaintiffs to “focus on the task at hand — convincing me that they have stated a plausible claim.” Go to Source Powered by WPeMatico
Arthur Hayes
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Trial of former BitMEX executives set for next March
18 months after charges were filed, BitMEX executives will head to trial. Go to Source Powered by WPeMatico
BitMEX’s Arthur Hayes surrenders in Hawaii, released on $10M bond
The former CEO of BitMEX surrendered in Hawaii and was later released after posting a $10 million bond. Go to Source Powered by WPeMatico
BitMEX executive surrenders in New York, pleads not guilty
BitMEX’s co-owner, Ben Delo, has pleaded not guilty after surrendering to U.S. authorities in New York. Go to Source Powered by WPeMatico
No more ‘Bitcoin effect’? MicroStrategy stock falls by 50% in 17 days
The excitement around Bitcoin has spilled over beyond spot price, data shows, with MSTR going from above $1,300 to $629 in just 17 days. Go to Source Powered by WPeMatico
BitMEX’s Arthur Hayes returns with calls for a boycott of legacy finance
Former BitMEX CEO Arthur Hayes has called on all legacy traders to “opt-out” of legacy trading platforms and embrace the “Crypto Capital Markets.” Go to Source Powered by WPeMatico
Bitmex parent 100x appoints German stock exchange exec as new CEO
Amid ongoing legal action from U.S. authorities, the company behind Bitmex — 100x — has announced a new CEO. Go to Source Powered by WPeMatico
Court Filing Accuses Bitmex Cofounders of ‘Looting’ $440 Million Before the Fed Crackdown
A civil lawsuit has been filed against the firm HDR Global Trading Limited, the parent company of the exchange Bitmex, alongside the three cofounders Arthur Hayes, Ben Delo, and Samuel Reed. Plaintiffs allege “the defendants’ Hayes, Delo, and Reed looted about $440,308,400 of proceeds of various nefarious activities.” The cryptocurrency derivatives platform Bitmex is facing … Read more
Bitmex Fast-Tracks KYC Program as Regulators Tighten Screws on Anti-Money Laundering Rules
Bitmex said Wednesday that it is fast-tracking its user verification program in order to comply with regulatory requirements. Users must now be fully verified by Nov. 5, 2020 “to continue trading on the platform,” it said. In a statement, the crypto derivatives exchange stated that “unverified users will not be able to open new positions” … Read more
Bitmex CEO Hayes Steps Down Following U.S. Criminal Charges
Arthur Hayes, chief executive officer of bitcoin derivatives exchange Bitmex, is stepping down from his position a week after U.S. prosecutors filed criminal charges against him. Hayes is leaving together with other top executives who are facing similar charges. The company announced on Thursday that Hayes and chief technical officer Samuel Reed – the latter … Read more
