Samuel Reed – DIGIT INFO

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 Trading Platform Bitmex Reveals Exchange Token Called BMEX, Airdrop

DIGIT — Tue, 21 Dec 2021 19:00:48 +0000

The crypto trading platform Bitmex has announced the launch of its own native cryptocurrency called “BMEX,” following a slew of crypto platforms that have issued exchange tokens. According to the company, a user who registers and completes the KYC process will get five BMEX coins and ten tethers. Bitmex to Airdrop BMEX Tokens to Registered […]

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Judge scolds BitMEX lawsuit plaintiffs for offering him crypto ‘basics’ lessons

DIGIT — Wed, 14 Jul 2021 09:49:55 +0000

The judge urged the plaintiffs to “focus on the task at hand — convincing me that they have stated a plausible claim.”

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BitMEX’s Arthur Hayes surrenders in Hawaii, released on $10M bond

DIGIT — Wed, 07 Apr 2021 01:41:12 +0000

The former CEO of BitMEX surrendered in Hawaii and was later released after posting a $10 million bond.

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BitMEX’s Arthur Hayes and Ben Delo negotiate surrender to U.S. authorities

DIGIT — Thu, 04 Mar 2021 00:36:10 +0000

Court transcripts have revealed that BitMEX’s fugitive executives Arthur Hayes and Ben Delo are negotiating a surrender with U.S. authorities.

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Court Filing Accuses Bitmex Cofounders of ‘Looting’ $440 Million Before the Fed Crackdown

DIGIT — Mon, 02 Nov 2020 17:30:19 +0000

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 […]

The post Court Filing Accuses Bitmex Cofounders of ‘Looting’ $440 Million Before the Fed Crackdown appeared first on Bitcoin News.

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Bitmex CEO Hayes Steps Down Following U.S. Criminal Charges

DIGIT — Thu, 08 Oct 2020 14:00:16 +0000

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 […]

The post Bitmex CEO Hayes Steps Down Following U.S. Criminal Charges appeared first on Bitcoin News.

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