Another top executive joins three co-founders of the crypto exchange BitMEX in pleading guilty. Gregory Dwyer, a one-time head of business development, admits his guilt of violating the Bank Secrecy Act in court.
Another top executive joins three co-founders of the crypto exchange BitMEX, pleading guilty in the United States District Court for the Southern District of New York. The court case under the headline U.S. v. Hayes et al. goes on for two years, with BitMEX management being indicted for violating the U.S. Bank Secrecy Act.
According to the Wall Street Journal, on Monday, a one-time head of business development at BitMEX, Gregory Dwyer, his guilt in violating the Bank Secrecy Act in court. As part of a plea deal, Dwyer would pay a $150,000 fine.“Today’s plea reflects that employees with management authority at cryptocurrency exchanges, no less than the founders of such exchanges, cannot willfully disregard their obligations under the Bank Secrecy Act.”
All the founders that Williams mentions have already pleaded guilty earlier. Former CEO Arthur Hayes and one of the co-founders, Ben Delo,Hayes was
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