One of the founders of the BitMEX exchange, Ben Delo, surrendered to the US authorities on Monday and was subsequently released on a $20 million bail.
March 16, 2021 | AtoZ Markets – Co-founder of the cryptocurrency derivatives exchange BitMEX Ben Delo voluntarily surrendered to the US authorities. On March 15, he appeared remotely in court on charges of violating the Bank Secrecy Act, Bloomberg reported.
The case arrived in New York from the UK – the parties to the process agreed on the conditions of its entry with the US border service. Travel between countries is currently limited due to the COVID-19 pandemic.
According to the publication, the co-founder of BitMEX has pleaded not guilty. The court released him on $20 million bail and allowed him to return to the UK pending trial.
“The charges against Ben [The Case] represent undue exaggeration on the part of the US authorities. Ben intends to defend himself from charges and clear his name in court,” attorney Rachel Miller told Bloomberg.
Earlier it became known that the ex-head of BitMEX Arthur Hayes did not rule out a voluntary surrender in April 2021. The authorities have also begun the procedure for the extradition of the head of the business development department, Greg Dwyer.
As a reminder, in October 2020, the CFTC filed a lawsuit against BitMEX and its owners. Additionally, the Justice Department charged Hayes, Cause, Dwyer, and platform CTO Samuel Reed with bank secrecy violations.
Reed was released on bail of $5 million. The CTO and Hayes left their posts.
In December, the 100x Group behind BitMEX appointed Alexander Heptner, ex-head of the Stuttgart Stock Exchange, as CEO.
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