Category: Legal

BitMEX and founders face another lawsuit alleging money laundering and market manipulation

BitMEX and founders face another lawsuit alleging money laundering and market manipulation

Troubled crypto derivatives exchange BitMEX and its founders are facing another lawsuit that alleges racketeering, money laundering, and market manipulation. Dmitry Dolgov, a resident of Moscow, Russia, filed the lawsuit in the Northern District of California on Wednesday. He alleges that HDR Global Trading Limited, the parent company of BitMEX, the exchange’s founders Arthur Hayes, […]

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Three big questions now that the U.S. government is cracking down on BitMEX

Three big questions now that the U.S. government is cracking down on BitMEX

Quick Take Now that the U.S. government has come down on BitMEX and its former executives, three big questions linger about what might happen next. The Block interviewed legal experts to get answers. This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The Block.

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John McAfee sued by SEC for past promotions of initial coin offerings

John McAfee sued by SEC for past promotions of initial coin offerings

The U.S. Securities and Exchange Commission filed suit against crypto investor and promoter John McAfee for his past promotion of initial coin offerings (ICOs) on social media. Per the complaint: “From at least November 2017 through February 2018, McAfee leveraged his fame to make more than $23.1 million U.S. Dollars (“USD”) in undisclosed compensation by […]

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BitMEX operator plans to fight U.S. government charges, says spokesperson

BitMEX operator plans to fight U.S. government charges, says spokesperson

HDR Global Trading Limited, the parent company of crypto derivatives exchange BitMEX and one of the defendants named in Thursday’s Commodity Futures Trading Commission (CFTC) civil lawsuit, has vowed to the fight the charges, according to a new statement. A spokesperson for HDR told The Block in a statement: “We strongly disagree with the U.S. […]

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