Tag: BitMex

US Government Moves to Regulate Cryptocurrencies After Attorney General Publishes Enforcement Framework

US Government Moves to Regulate Cryptocurrencies After Attorney General Publishes Enforcement Framework

United States Attorney General (AG) William Barr says the recent publishing of the Cryptocurrency Enforcement Framework will help law enforcement to fight elements using digital currencies for illicit ends. Produced by the AG’s Cyber-Digital Task Force, the framework provides law enforcement with what Barr terms a “comprehensive overview of the emerging threats and enforcement challenges […]

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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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Bitcoin Back Above $11K For The First Time In 18 Days: The Crypto Weekly Market Update

Bitcoin Back Above $11K For The First Time In 18 Days: The Crypto Weekly Market Update

Another week has passed, and it’s safe to say it was an intense one. First things first, the major headline is that the US Commodity and Futures Trading Commission (CFTC) charged the owner-operators of 100x Group, the parent company of BitMEX, with illegally running a derivatives exchange. Needless to say, BitMEX is one of the […]

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Arthur Hayes & Other BitMEX Co-founder Step Down; Leadership Change Announced

Seychelles-based cryptocurrency derivatives platform, BitMEX announced the allocation of new leadership roles at the 100x Group, which happens to be the holding group for HDR Global Trading Limited with immediate effect. This news comes a week after United States authorities charged BitMEX’s founders with evading rules designed to stop money laundering. According to the official release, […]

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

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.Bitmex CEO Arthur Hayes.The company announced on Thursday that Hayes and chief technical officer Samuel Reed – […]

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BitMEX announces leadership changes after U.S. government charges, Arthur Hayes no longer CEO

BitMEX announces leadership changes after U.S. government charges, Arthur Hayes no longer CEO

Crypto derivatives exchange BitMEX has today announced leadership changes, a week after the U.S. government charged its four founders and executives. Arthur Hayes, one of the defendants in the case, is no longer BitMEX CEO, from immediate effect. Similarly, another named and arrested defendant, Samuel Reed is no longer the exchange’s CTO. The third defendant […]

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BitMEX Aftermath: Arthur Hayes Will Step Down Immediately As 100X CEO

Following the fiasco between the United States Commodity and Futures Trading Commission and BitMEX – one of the world’s largest crypto derivatives platform, there will be major shifts in the executive management of the latter.    As per an official announcement published today, October 8th, Arthur Hayes, the well-known CEO of the company operating BitMEX, […]

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