Benjamin Delo – DIGIT INFO

BitMEX expects ‘no further fines’ for ‘old’ AML violation in US

DIGIT — Thu, 11 Jul 2024 07:23:21 +0000

BitMEX addresses the DOJ’s BSA charge as a past issue, highlighting their compliance improvements and founders’ prior penalties.

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BitMEX co-founder Benjamin Delo avoids jail, receives 30 months probation

DIGIT — Thu, 16 Jun 2022 05:35:50 +0000

Delo was allowed to leave the country to travel to Hong Kong where he is a resident, bringing to a close his part in the legal saga which began in 2020.

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Court orders BitMEX founders to pay $30M civil penalty

DIGIT — Fri, 06 May 2022 02:15:29 +0000

The three co-founders have been ordered to pay hefty fines for what the CFTC calls their involvement in serious violations of regulations and the Commodity Exchange Act.

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Crypto Exchange Bitmex’s Founders Plead Guilty to Bank Secrecy Act Violations

DIGIT — Sat, 26 Feb 2022 01:30:41 +0000

The founders of cryptocurrency derivatives exchange Bitmex, Arthur Hayes and Benjamin Delo, have pled guilty to violations of the U.S. Bank Secrecy Act. “As a result of its willful failure to implement AML and KYC programs, Bitmex was in effect a money-laundering platform,” said the U.S. Department of Justice. Bitmex’s Founders Guilty of Bank Secrecy […]

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BitMEX founders plead guilty to Bank Secrecy Act violations

DIGIT — Fri, 25 Feb 2022 06:00:22 +0000

Arthur Hayes and Benjamin Delo will each have to pay a fine for their part in flouting the Bank Secrecy Act and operating what the DOJ called a “money laundering platform.”

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